I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this
April 2019 - BTC5300$
July 2019 - BTC9200$
October 2019 - BTC16,000$
February 2020 - BTC 29,000$
July 2020 - BTC 56,000$
November 2020 - BTC 87,000$
According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.
I think it's better if you display a chart or graph where you have created this thesis of bitcoin going to 80k because as far as i know no technical analysis is able to predict 4x price of the All time high. I think this is more of a emotional based analysis based on the past trend of percentage increase but I think this wouldn't be possible because their was a sudden surge during 2017 due to ICO boom which might never be possible again."the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this
April 2019 - BTC5300$
July 2019 - BTC9200$
October 2019 - BTC16,000$
February 2020 - BTC 29,000$
July 2020 - BTC 56,000$
November 2020 - BTC 87,000$
According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.