$133’000 bull run pennant above $119’000.
Shift above all time accurate trend lines. We are at the beginning of exponential vertical segment. Strong rising front at $115’700.
Bitcoin institutional demand continues to outpace new supply, with 545,579
BTC purchased year-to-date compared to only 97,082 BTC in new supply.
The volumes were bought on July 15 and 25 for 116,000 and 115,000 respectively. So I think we are waiting for 119,000 to launch above all time high.
Shift above all time accurate trend lines. We are at the beginning of exponential vertical segment. Strong rising front at $115’700.
Bitcoin institutional demand continues to outpace new supply, with 545,579
BTC purchased year-to-date compared to only 97,082 BTC in new supply.The volumes were bought on July 15 and 25 for 116,000 and 115,000 respectively. So I think we are waiting for 119,000 to launch above all time high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.