Folks,
Last night Bitcoin hit a new ATH. Followed by an expected pull back. But as of writing this we are above 118K.
I keep hearing "financial" people say that the halving cycle is now irrelevant, because of the number of investors in the BTC market. I am not one of that opinion, I believe the cycle still matters.
What do you all think? I'm expecting a peak around December, followed by a big pull back, just like we've seen before.
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I think you’re right, by December we should have a run up, then a potential pull back….
Maybe it won’t be as severe as in the past because of people like black rock, then on the other hand, the black rock investors will dump quickly if we have a pull back!😳
“Paper Hands” Lol😇
I expect a big gains., and a next December low of maybe 80K?? Or, I'm wrong about the cycle. I'm often wrong.
Anyway, it rolls, I’ll keep DCA-ing Bitcoin 💪😊
Nice silver! That halving still matters, less being produced leads to further scarcity. Not to mention the BTC lost over the years also dramatically decrease supply. I wouldn't be surprised to see it hit $150K by New Years!
I won't be surprised with a 250K high by December, then the media will start hyping it, and money will flow in. Then next year we hit 80K. Just make sure to win.
I'm glad to have some BTC.
Let's wait and see as December comes about.
!HUG
!PIZZA
Hopefully the patterns repeat.
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@silversaver888(2/15) tipped @fat-elvis
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Come get MOONed!
Do you think the period of decline is behind us, as others believe? They say that Bitcoin is more stable now. I think it has something to do with the changes in policies in ETFs... allowing others to get involved in Bitcoin without owning it.
CHEERS, @fat-elvis
!BBH
!LADY
!PIZZA
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I am beginning to believe President Bukele when he says bitcoin will be the common world currency. My country is ran by lunatics and demons who believe they can out print the US currency. So I stack metals and SATs. I expect bitcoin to double this cycle, then correct next year.