Marginbuu

BTC in golden bull run

Long
Marginbuu Updated   
COINBASE:BTCUSD   Bitcoin
The trend is clearly bullish, we have never stayed so long in an price area this high in the whole history of Bitcoin. So far in this bull run BTC broke out bullish out of every large triangle formation. ( in the bear trend it was the exact opposite ) So I am inclined to think that BTC will first go to 19200, afterwards 18800 and after that straight to 20k+
Comment:
P.S. The volume is still extremely high, compared to other assets with this market cap, that's always good news.
Comment:
Tesla has a market cap of 600 billion and a 30 billion dollar volume per day, BTC has a 350 billion market cap and also around 30 billion dollars per day in volume.

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.