BREAKING: ๐ฆ Coinbase, $COIN, crashes with many users showing $0 balance as #Bitcoin hits $64,000
Forwarded from โ๏ธVIP Classifiedยฎ Bullish
Back in 2012, the following month saw red month before another six months with consecutive positive returns were generated.
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Forwarded from โ๏ธVIP Classifiedยฎ Bullish
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Forwarded from โ๏ธVIP Classifiedยฎ Bullish
There's still a $700 gap between $64,200 and $64,900 ๐๐
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History shows there's usually about 4 months of sideways movement and re-accumulation before any major price surge.
A mini altcoin season is Expected.
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SPOT Buying BTC at $60.9k. If the market gives an opportunity, will add more at $52k - $55k.
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Historically, on avg, Bitcoin has topped within 12 to 18 months after the halving.
The Possible Top in May to November 2025.
๐ BTC Returns from Halving Price to Top:
2012: 100x
2016: 33x
2020: 7x
2024: 2x to 3x (Actual: 1.47x)
Given the diminishing returns factor and the hype surrounding ETFs.
It's possible that #Bitcoin could peak somewhere in the range of $120,000 to $180,000 within 12-18 Months.
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BREAKING: ๐จ๐จ Mt Gox to start #Bitcoin repayments from July 2024- Bloomberg.
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