Bitcoin is the most undervalued reserve of value

29. Aug. 2020

From the long-term perspective, Bitcoin is bullish. The strength of the upward movements and the recent breaking of the most important downward trendline on the monthly chart are signs that Bitcoin is likely to reach the historical maximum in the coming months. This is also supported by the fact that Bitcoin's market cap is very small in comparison with big stock market caps like Apple's or Amazon's, in the knowledge that Bitcoin is a better reserve of value than this companies and probably as good reserve of value as gold is