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BTC: Road to the 70,000$

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Following the cycle, BTC is heading into new highs. IT'S THE ROAD TO THE 70,000$. Many economic indicators can help us confirm that:

1- With the Fed holding interest rates, DXY is now bearish although the US economy is recovering.

2- Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds, giving BTC more importance on the global markets.

3- The US government is still printing dollars, following the historical $ 1.9T stimulus. That's 7% of the US debt's size.

4- An overall sentiment that Bitcoin has a great future and that it can compete other currencies including the US Dollar.

Will it reach the $ 70,000 ? Let's wait and see while enjoying profits !

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MacroForex

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.