A long-term uptrend to the 35K area is possible. Fundamental reasons: emission of currencies by central banks and introduction of digital analogs of fiat currencies. Investments in cryptocurrency and blockchain technologies are already increasing. Which in turn is good support for the uptrend.
Note
The second target level around 24K has been reached. Judging by the dynamics, growth to the third target level of 35K is possible without significant long-term corrections.Related publications
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Related publications
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.