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RE: Bitcoin price discovery nears: 100K an inevitability

in LeoFinance3 years ago

I think we have to look at what stage of the bull market we are in. When you take that into account, as well as previous behavior, I would say that the direction will be significantly one direction with smaller retracements, relatively speaking in comparison to upward momentum.

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You're sayiong that we're still early in this bullish cycle?

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There are 2 defining "metrics" if you will, firstly that of time and secondly price. From a point of time, we are closing in on the end. From a point of price, we have a way to go. That is how these cycles work. I have seen it over and over again... people will be shocked by the price action, largely due to it not being measured against the predictability of the asset.

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