The flow into bitcoin is massive, but in recent weeks has been matched by the flow out of bitcoin into alt-coins. alt-coins have massively out-performed bitcoin in the last weeks. Before that, bitcoin was the clear winner. The pendulum will swing back again as it always has.
Very well analyzed @swissclive and as per my Technical Analysis the next leg is up as well and here is my chart why I am saying the road is all set for 25000 usd from here.
Fundamentally also it has been stronger and stronger and just imagine the adoption to blockchain and cryptocurrencies is still in an early stage and when it will get mass adoption then any value below 100k usd is consider as undervalued for bitcoin, of course that will happen in long term but one day certainly happen.
Will be more precious than human in the future
falls over laughing hahah
You have an excellent steem name which goes well with your skill in analysis of the crypto world. I am waiting for the time when I can look back and say to my children “I was in there at a fraction of the price”. $100k would be less performance than in 2017, so it’s emminently achievable in 2018.
Very true @swissclive and we all are lucky to get into crypto world in its beta stage. Thank you for reciprocating so sweetly :)