Bullish on Bitcoin
Imo bitcoin is in a failed bear flag and in the beginning of a reversal, likely to touch 34,000 by august 26. We are in an accelerated time frame compared to the previous cycles due to many factors regarding the crypto space. Compared to other indices CRYPTO is a small 1.2 trillion cap, with all the attention, success, and innovation imo the cap is like to 30x in then next year due to crypto and block chains being integrated into other indices etc. i believe we are compared to the year 1990 in the computer industry we are at the beginning of a bubble that will last 10 years. investing in crypto now is the fast route to financial freedom. I BELIEVE we have bottomed regarding bitcoin and the market correction will cease after a large amount of bears continue to get liquidated.
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.