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7 Comments
tldr; Bitcoin demand has reached a three-year high, reminiscent of the 2015-2018 bull run. The cryptocurrency recently hit a new all-time high of over $108,000 before pulling back to around $95,000 due to profit-taking by mid-term holders. This behavior is similar to past bull markets, where profit-taking led to a phase of exhaustion. For Bitcoin to maintain its upward momentum, increased demand and new buyers are crucial. The current market sentiment suggests potential rallies above $100,000 if support levels are maintained and demand continues to grow.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
2025 is coming guys.
My advice is: Sell in May and go away.
2025 will be another year to make records.
I think they got the 4 year cycle twisted a bull market only runs for 1 out of 4 years and not 3 out of 4 years lol
bitcoin is merely 100% determined by demand and supply. How come demand is at record high while bitcoin is nose diving? Jep, because it’s bs.
If it’s 3 year high, wouldn’t it be 2021?
Hope is a dangerous thing, especially in Crypto Markets.