Bitcoin Price Analysis – Market cap outpacing on-chain utility

Technicals for BTC/USD continue to show a strong bullish trend with the current spot price well above both the 200-day EMA and the Cloud. In the months to come, Bitcoin may reach new highs swiftly as quantitative easing and global central bank money printing surge to unparalleled levels.

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Bitcoin (BTC) $ 25,662.88 3.67%
Ethereum (ETH) $ 1,741.62 5.57%
Litecoin (LTC) $ 77.08 12.71%
Bitcoin Cash (BCH) $ 100.56 9.43%