This is not financial advice just an observation with some basic TA. One big fundamental element is starting to increase with Bitcoin and that is use-case. We have not really had it until possibly the last year or so, more blockchains, more use-cases for cryptocurrency and bigger players starting to jump into the market.
We believe that a long-term investment is still a good one, but timing is key. There is no time limit on this but a lot of people are starting to get excited about the prospect of Bitcoin and its future value.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.