Bitcoin trades in cycles, and has "reasonably" followed its historical trends -- here is a comparison to this time in 2016. I expect it to "reasonably" continue.
Keep in mind that with the crypto derivative market on the rise (among other evolutions in the market vs 2016), we should expect the unexpected -- but the long-term trend remain securely in-tact.
Just my take.
Keep in mind that with the crypto derivative market on the rise (among other evolutions in the market vs 2016), we should expect the unexpected -- but the long-term trend remain securely in-tact.
Just my take.
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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.