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Strategyone

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Strategyone

Re: MoneyMaker111 post# 46374

Tuesday, 08/22/2023 7:38:47 PM

Tuesday, August 22, 2023 7:38:47 PM

Post# of 61545
You may want to study history on Bitcoin. I do think Bitcoin is likely to have a healthy pull back in the near term before the ramp up in the fall due to the Halving during the spring of 2024.

Once you study the history along with the halving cycles, you will get a better projection for the Bitcoin "technicals". Worst case scenario is down to $14k - $18k. My estimate is closer to $21k - $24k for the brief pull back. The pullback could be less as bitcoin is now more mainstream with wall street. That may force the future halving spike in earlier than past cycles.

We will see.
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