It's hard not to be bullish on bitcoin right now. Yes, we did just see price take out all time highs. Yes, buying highs sometimes isn't the best idea.
However, is there room in this run still?
My guess, which is all any of us can do, is a big YES. Doesn't mean we won't see any pullbacks. Doesn't mean we will definitely go up, but all I see is a solid uptrend intact and the fact the M2 money supply has skyrocketed in recent months.
Bitcoin generally follows money supply with a few month lag.
Don't believe me? Do a search for that chart and you will see....I'll probably do another post talking about that chart tho anyway lol.