BTC Market Cap vs Largest Companies
Left side BTCUSD and right side AAPL, MSFT, AMZN, GOOG, TSLA and FB.
The whole world is in a bubble.
Bitcoin is also in a bubble (again).
How long the bubble will last is difficult to say.
As long as there is not infinite money in the world or as long as 'Money Printer Go Brrr' is not continued, the markets will all burst (guaranteed).
This chart is intended to serve as a reminder of the values Bitcoin has now reached. Can Bitcoin Keep Going Up? Yes! But watch out for the market capitalization, which can easily serve as a resistance. Even if it looks like this, there is not (yet) infinite fiat in the market. This means that the bubble can burst at any time, which does not mean that you cannot continue to make money. We are still in a clear uptrend.
Left side BTCUSD and right side AAPL, MSFT, AMZN, GOOG, TSLA and FB.
The whole world is in a bubble.
Bitcoin is also in a bubble (again).
How long the bubble will last is difficult to say.
As long as there is not infinite money in the world or as long as 'Money Printer Go Brrr' is not continued, the markets will all burst (guaranteed).
This chart is intended to serve as a reminder of the values Bitcoin has now reached. Can Bitcoin Keep Going Up? Yes! But watch out for the market capitalization, which can easily serve as a resistance. Even if it looks like this, there is not (yet) infinite fiat in the market. This means that the bubble can burst at any time, which does not mean that you cannot continue to make money. We are still in a clear uptrend.