I recently made a chart, and others subsequentially, explaining how I was sure that we were going to 2k and beyond:
https://www.tradingview.com/chart/BTCUSD/UEs0QHHO-We-can-do-this/
But right now, looking again at the same charts on a wider timeframe, I had to say to myself
"If you think this Bitcoin run up was crazy... Compare it to the forex market. "
Let me tell you a thing, the market cap is a fallacious metric. Bitcoin market cap is not 30b: the amount of money introduced in the ecosystem is much, much lower than that. Because if you tried to sell 30b altogether, the price would collapse completely.
But what does this mean in reality? That the amount of money required until now to bring the price to 2000$ was very small. And what can happen if that much money gets in to the exchanges for real?
There is no bitcoin exchange that has the order books to sustain what's coming. If you thought 10.000$ was a pipedream people told you to make you buy and hold your bags while they profit on your shoulders... well, think again and look at this chart.
https://www.tradingview.com/x/5wA5dkwB/
The bubble hasn't started yet. This will be the greatest redistribution of wealth known to history. Don't sell all your bitcoins while we are here, for real. This could change your life.