What does this mean?
Although Bitcoin's price is quickly smashing new all-time highs, its Google search volume is only a fraction of the 2017 peak. So if Retail investors do not seem to be driving the current rally,then this is an indication that institutional investors are currently fueling this rally. This is very BULLISH news in my opinion.
Prediction
Institutions are loading up on bitcoin even at current price, that gives plenty us of room to run until reinforcements arrive. I'm confident that in the next few days retail investors will start making some real waves! I'm talking about the big sharks! I predict that in the next 3 days we hit 30000 with a big sell off after that. If it doesn't happen before Friday I don't expect another attempt at a run until Tuesday. Overall, bitcoin bonk levels are nearly non existent,my rating is STRONG BUY
The key to passive income: BetFury
Coinbase Offers:
Coinbase Referral ($10)
Get $10 in XLM (Stellar Lumens)
Get $10 in COMP (Compound)