There isn’t much standing in the way of Bitcoin returning to the highs


The run continues

I don’t see anything not to like about the current run in Bitcoin. We haven’t even hit the FOMO phase yet and it’s already gone parabolic. Chatter remains at a minimum in mainstream circles and it’s lately seen less as a speculative instrument and more of an investment or a hedge — something you pick up and forget about for awhile.

The chart is very constructive, with nothing now standing in the way of a return to the 2017 high.

The run continues
I’m certainly bullish, but maybe not as bullish as the guys at Citi talking about $300,000.

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