Today’s Chart of the Day was shared on Twitter by Pratty Tulsian (@PrattyCharts). It's a daily candlestick chart of the largest Cryptocurrency, Bitcoin, over the past nine months ($BTCUSD). Bitcoin has more than doubled since breaking above the 2017 highs less than two months ago. It printed a fresh all-time high today after spending the past month consolidating between $30k and $40k. As Pratty points out, continued strength from the largest Cryptocurrency is an encouraging development for the entire Crypto space. In a comment to The Chart Report, Pratty said, "Seeing all these bases resolving to the upside across Crypto land makes me think this is all just getting started and has me excited for the future of Investing, especially for the new generation of investors and traders."
Chart of the Day - Monday, February 8th, 2021
February 8, 2021
