The last 20 days have been very bullish. It is great.

But we do need to have liquidity to support this bullish behavior. Liquidity is catching up but we are not there yet.

Anyway, in the last 20 days we have about returns of 1.0093 per day. That is about 0.93 % per day.
These are returns that we were typical during the first 5 years of Bitcoin history.

Just to give you an idea if we could continue with this type of returns for an entire year we will have a 29x return or price of 1.9M dollars in just 1 year.

This is not sustainable so something has to give at a point. But for now is nice to see the price climb up like the old days.

PS
Bitcoin Adaptive Power law with recent price action and daily returns averaged over 150 days.
The blue line is the predicted Power Law returns.