Note the incredible similarity between history of gold from 1979-2004 and the last bubble of BTC early 2018. We almost had the same % correction than gold and it keep following the . I believe there is alot of institutionnal money waiting on the sideline after the 2017 bull run of Bitcoin .
1. Main picture : Gold futures from 1979-2004
2. First picture BTC : 2018-2019
3. Second picture : Gold from 1979 to 2019
I can see BTC following the in the third picture and this would take us to arround 50k BTC in less than a year. There will be alot of FOMO if BTC keep going up.
You CAN'T deny the fact that is really similar to Gold , but this is not a buy recommandation. We are approaching all time high in the stocks market ( i am short right now ) and i believe there will be some of the money allocated into gold , will now flow into BTC .
Do your own research, this is not buy recommandations.
P.s. sorry for my bad english, this is not m