Bitcoins Fundamentals Are At Incredible Historical Highs

Bitcoins Price Fundamentals are getting stronger by the day. Hashrate is at an all-time high, daily active addresses are trending up, and technicals are looking good.

But what does this all mean, and will it impact the Bitcoin Price in the near to long term?

Today we explore some Fundamental Indicators pointing towards a surge in Bitcoins price being a strong potential for the near future.

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⛓ Links
https://www.forbes.com/sites/ktorpey/2019/07/07/new-research-shows-why-the-bitcoin-price-may-skyrocket-later-this-year/?utm_source=TWITTER&utm_medium=social&utm_term=Valerie%2F#4ff6bdc67477
https://www.bitcoinblockhalf.com/
https://www.bloomberg.com/news/articles/2019-07-08/bitcoin-breakout-may-be-ahead-as-technicals-show-rally-extension
https://bitinfocharts.com/comparison/bitcoin-hashrate.html#2y
https://www.crypto51.app/
https://bitinfocharts.com/comparison/bitcoin-activeaddresses.html#2y
https://www.blockchain.com/explorer

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Comment (7)

  1. People forget that we had 2 seperate forks on bitcoin in 2017. If you remember the bch fork was massive which lead for people to hold bitcoin to capture free bitcoin, then we had bitcoin gold. Totally agree, this is institutions, not retail. Retail is gone. Thats why u don't see that alt coin season. Alot of people are new to this market but forget the narratives in 2017.

  2. I always learn something new from your videos. Thanks man. This video makes me glad I kept DCA over the past 2 years. I think by the end of this year we hit a new ATH. Bitcoin is my retirement account for both my wife and I. Way better than the stock market.

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