Hi all,
Welcome to this new update on Bitcoin!
I don't have much to say other than check the chart! I love simple macro analysis as it gives further confidence and perspective for our investments.
- MACD Monthly bullish crossover
- RSI Monthly broke major resistance line.
- halving event in May 2020 will yet again significantly reduce the BTC supply.
- institutions are drooling over this investment opportunity, which is not provided by ANY other asset class
- Lower supply + Increased Demand = Higher Price (economics 101)
- 3 year bull run (from beginning of this year) is in FULL swing.
Bitcoin loves that 9,000-10,000% pump every BULL cycle, as you can see. Sometimes it even continues to pump 1,000+% beyond that. I'll be conservative and just say this BULL cycle will show us a roughly 9,000% pump. Therefore, I'm having a difficult time seeing Bitcoin under $250,000 at the height of the 2021 bubble!
Enjoy!
Leb Crypto
Welcome to this new update on Bitcoin!
I don't have much to say other than check the chart! I love simple macro analysis as it gives further confidence and perspective for our investments.
- MACD Monthly bullish crossover
- RSI Monthly broke major resistance line.
- halving event in May 2020 will yet again significantly reduce the BTC supply.
- institutions are drooling over this investment opportunity, which is not provided by ANY other asset class
- Lower supply + Increased Demand = Higher Price (economics 101)
- 3 year bull run (from beginning of this year) is in FULL swing.
Bitcoin loves that 9,000-10,000% pump every BULL cycle, as you can see. Sometimes it even continues to pump 1,000+% beyond that. I'll be conservative and just say this BULL cycle will show us a roughly 9,000% pump. Therefore, I'm having a difficult time seeing Bitcoin under $250,000 at the height of the 2021 bubble!
Enjoy!
Leb Crypto
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.