Bitcoin
Everything is beautiful in the news, I've already wanted to buy crypto and become a multimillionaire.
1) In 2020, Bloomberg expects some re-test the Bitcoin the highs of 2017, and even "BTC will achieve a new record of $ 28K."
2) Charlie Lee is waiting for the huge bull run on the cryptocurrency market.
3) Crypto Research: Bitcoin might appreciate to $ 340K within 5 years and up to $ 400K by 2030.
4) Glassnode: during the first half of 2020, Bitcoin investors accumulate Bitcoins . The number of crypto wallets with an account exceeding a deposit of 1BTC increased to 820.4K, +124 million new wallets within 3 years.
The vast proportion (62%) of the wallets was not used for 1 year and more.
5) The Tokenist: 59% of respondents are willing to invest in cryptocurrencies now, 45% would prefer to have Bitcoin instead of stocks, real estate, or gold , etc.
6) Buy Shares: the investments in Bitcoin exceeded the profitability of leading stock indices by 70 times.
7) Skew: the 2nd quarter of 2020 turned out to be the third most successful quarter at the closing price of Bitcoin for all the time of its existence (+42% per quarter).
8) Pantera Capital: investing in Altcoins can bring more profit than investing in Bitcoin , the cryptocurrency market is in the middle of a bullish cycle.
9) Andreas Antonopoulos recommends as a passive income to invest in "unloaded" crypto-pyramids (PlusToken and others) and crypto-bubbles (Defi - the value of collateral funds exceeded $ 1.6 billion, of which 42% in Ethereum ).
10) Wherever possible, they say about the state cryptocurrency: "crypto dollar", "crypto yuan" and other CBDCs. We know if we have a state candy wrapper, there is no place for other "illegal" candy wrappers.
11) CoinMetrix: 80% of USDT deposits over $ 1 million are distributed across 300 wallets.
12) The volume of assets managed by Grayscale reached 400K BTC .
13) Weiss Crypto: before Bitcoin , the prospect for growth in value as a savings asset is open - in 10 years, the price of BTC can exceed $ 180K.
14) PlanB: the FED is pumping stocks, so the fact that stocks and cryptocurrencies are moving synchronously means that BTC is in the interest of the FED.
15) Parallax Digital: Bitcoin is more divisible, durable, portable, identifiable, and scarce than gold . Bitcoin protection is cheaper and less vulnerable to theft.
SUMMARY
So ... we wait for a new bottom and "sales" on the cryptocurrency market, the news background is ready.
Although for me, we are now witnessing the Wyckoff distribution phase.
Best regards EXCAVO