The Bitcoin outlook for the next 4-5 yearsLet's start with the fact I started making forecasts on TradingView a long time ago. Quite quickly (in a year and a half), I became the TOP-1 in the TradingView authors' ranking. This rating was removed in yearly 2021. They promised to do something more interesting. We've been waiting for a half year. The details are in this article:
www.tradingview.com
This chart that you are looking at, I hope it will be the most legendary chart I have ever made.
You've seen a lot of logarithmic charts like this one:
It is something different.
This is the Bitcoin outlook for the next 4-5 years.
For now, I remain number one on this platform, with the most reputations and subscribers. I'm here for the long haul and will continue to do top-quality analytics. So please subscribe. I'm the kind of person who remembers the built-in Bitcoin donations on the TradingView platform.
The fundamental reasons for growth:
- Limited issuance (some of which is lost);
- Taking a large portion of Bitcoin out of circulation (huge demand - no supply = growth);
- Acceptance of Bitcoin at the state levels;
- Accumulation of a large portion of Bitcoins in the large fund's hands (Bitcoin is a very interesting asset for them);
- Continuous dollar issuance (a variant of the fact that it's not bitcoin that's growing, but the dollar that's depreciating);
Feel free to write other factors of the crypto market growth in the comments section.
I can't write my thoughts in this post about the creator of Bitcoin, its purposes. TradingView has moderation, and this information won't pass it:)
In the plans of changing the current financial system of the world: the Bitcoin price raising to the goals, I have shown in this chart.
Best regards EXCAVO
