Bitcoin had a bounce-back day yesterday. Is Bitcoin positioning itself for a fresh all time high close to $70k? Or are we possibly looking at the beginning of the end for the Bitcoin 2021 bull run? Find out if $62k was the ceiling for BTC.
Today we are going to do some BTC analysis and present the case for a massive Bitcoin run-up and the opposite case for a much darker future. What are the reasons people are saying that Bitcoin is about to drop? I’ll explain one troubling statistic regarding whale wallets and why we need to pay attention to this. We’ll look at a few different Bitcoin coin charts including the Pie chart, Stock to Flow chart, and the NUPL chart.
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0:52 Buying Tools
1:23 Bear or Bull?
2:00 Whale Wallets
4:00 Pie Chart
6:15 Stock To Flow
7:00 NUPL Chart
7:50 Golden Bull Ratio
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.