Level Transfers
You can see here where highs started to be tested and continued to be tested. Big rallies created drastically higher lows. Any deviation was eventually corrected, continuing in an upward direction. This will continue until a high is repeatedly reached at which point lows will be tested. This cycle will repeat as needed.
This is obviously the middle of an uptrend. New highs will continue to be reached as global demand continues to rise. Soon it will begin affecting more markets as an alternative store of value, graduating from overtaking cryptocurrencies to overtaking all currencies . Conversely, other markets will soon begin affecting it. As more of our daily goods and services begin being priced in Bitcoin , Bitcoin will be worth less as less is needed to make purchases. Eventually, the only question that will remain is, "How much is 21 million Bitcoin worth to 7 billion people?"
This is obviously the middle of an uptrend. New highs will continue to be reached as global demand continues to rise. Soon it will begin affecting more markets as an alternative store of value, graduating from overtaking cryptocurrencies to overtaking all currencies . Conversely, other markets will soon begin affecting it. As more of our daily goods and services begin being priced in Bitcoin , Bitcoin will be worth less as less is needed to make purchases. Eventually, the only question that will remain is, "How much is 21 million Bitcoin worth to 7 billion people?"
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