Elon Musk is a person who convert ideas into religion. Same as Jobs did before. Musk is idol and Tesla is religion. There could have been dozen of MicroStrategy funds buying Bitcoin, but no one was interested in them. When Tesla bought $1.5 billion this news came to millions of people who never thought of BTC more than some ponzi scheme or balloon. Now they all register at exchanges, download wallets and buy Bitcoin. Yesterday cryptocurrency have entered a new era.
At this stage no TA is capable of forecasting the top. Just buy the dips.
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BTC is about to break above ATH and nearest target is 65-67k
Yorum
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Retracement started. In first bull run it was usually 30-40%. I am giving a little wider range for the bounce.