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Re: EliSmith post# 57488

Thursday, 05/06/2021 11:00:09 PM

Thursday, May 06, 2021 11:00:09 PM

Post# of 63487
That is true. This article is about a month old but miners were holding a greater amount so they weren’t selling them on the open market which may indicate a greater price move. Most assume we see this later this year as the 4 year cycle is at its peak about 12-18 months past the halvening, which occurred last May. I think this cycle will look different due to greater adoption. The normal blow off top might not be as fast but then again, who knows. It is BTC. The S2F model also predicts 100-288k before December 2021. This model has been pretty consistent.

https://www.google.com/amp/s/www.coindesk.com/bitcoin-miners-are-again-stacking-coins-in-a-positive-sign-for-the-market%3famp=1
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