Is $500k Bitcoin a Pipe Dream? This Chart Says Absolutely Not; Here’s Why

Bitcoin investors were pleased to find yesterday that BTC’s bulls have come out swinging and are now pushing the cryptocurrency’s price towards the psychologically critical price level of $10,000, which is just a hair above its current price.
Although in the short-term Bitcoin is certainly bullish, over the long run it is incredibly bullish, and one chart even points to the possibility that it will one day be trading at $500,000.
Bitcoin Climbs to $9,850, But Faces Some Resistance
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