Hello traders and investor
Although it is hard to believe Bitcoin reaches 300k when we look at the chart in a logarithmic way we could see that technically there is a chance.
As you see based on 2 previous cycles Bullrun could lasts till December so we can say we are just in the middle of the race.
On the other hand, when BTC reaches 300k its market cap will be 5T dollars which is almost half of the gold market cap, and if altcoins keep mooning probably, the cryptocurrency total market cap will reach 10T dollars which equals gold market cap.
BTC in the exchanges are low and we don't see selling pressure from miners, I think we are in the second big correction and there is no change in trend
it's not a piece of financial advice. always do your own research .
Although it is hard to believe Bitcoin reaches 300k when we look at the chart in a logarithmic way we could see that technically there is a chance.
As you see based on 2 previous cycles Bullrun could lasts till December so we can say we are just in the middle of the race.
On the other hand, when BTC reaches 300k its market cap will be 5T dollars which is almost half of the gold market cap, and if altcoins keep mooning probably, the cryptocurrency total market cap will reach 10T dollars which equals gold market cap.
BTC in the exchanges are low and we don't see selling pressure from miners, I think we are in the second big correction and there is no change in trend
it's not a piece of financial advice. always do your own research .
