On the monthly chart, bitcoin price formed a giant cup & handle: the break out was this month.
Target is $25,000 (equal to the height of the cup) in 8 months (half the duration of the cup).
Seen the current price action and the fundamentals, we should expect $25,000 to be reach sooner than that.
See the interviews of Micro Strategy CEO, Michael Saylor, for the fundamentals.
Target is $25,000 (equal to the height of the cup) in 8 months (half the duration of the cup).
Seen the current price action and the fundamentals, we should expect $25,000 to be reach sooner than that.
See the interviews of Micro Strategy CEO, Michael Saylor, for the fundamentals.
Comment:
www.microstrategy.com/en/bitcoin