Bitcoin Uptrend!

If you look at the one month price chart for Bitcoin probably you will observe that the price is gradually going up which is nice but the question is can we call it a Bitcoin uptrend? The answer is really not clear because to be honest I don't know whether it can be called a Bitcoin uptrend since it's not a rally and this gradual growth is surely a good sign where the price is moving forward and pretty much close to 80,000 US dollars range.

Currently, the last two weeks have been good for the Bitcoin price and the current price for the Bitcoin is 77,000 roughly which I think can touch 80,000 also if it continues to move like this so in next few days we can see it going there but again looking at the global narratives things are not looking so good at the moment.

Link

I see that people are not talking about the bull run or any cycle at the moment because they believe that now they are not going to experience anything like this so probably it is just a market which is kind of growing so when the prices are good the sentiments are also good but when the prices are not good people are scared and that is when a lot of people also take exit because they see that markets do not have the potential anymore.

With Bitcoin things have always been great if you follow long term plan So now since Bitcoin is in the range of 75,000 US dollars which I think is not a small amount and maybe in next few years we can see it growing more because at this price level it seems stable We have seen it happening a lot of time in the past So you can understand how this long term game helps to grow the value of portfolio especially with Bitcoin.

Thank you for stopping by. If you like my content, please vote and share your thoughts in the comments section.

10% beneficiary to Tron-fan-club