Hello!
I noticed that today Bitcoin broke the All Time High. No, I am not saying that we are past 20,000$.
The market capitalization of Bitcoin reached a new record, while the price still remains below the ATH. At the time of writing this words it is trading at 17,700$.
As almost all of you will know, this is possible because there are more Bitcoins in circulation now than in 2017.
Take a look at the Bitcoin Market Cap chart:
There are a lot of indicators HOT 🔥 for Bitcoin right now, such as:
- New ATH in Bitcoin Market Cap.
- New ATH in addresses with a balance of $10 or more.
- BTC holdings of Grayscale Bitcoin Trust.
- New ATH for Open interest on the CME Bitcoin Futures.
And much more.
I am not sure if I want this to stop or not. I think I should assume that:
YOU NEVER HAVE ENOUGH BITCOIN
This will help me get my eyes out of the charts.
Take care out there! 😊
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