The last time we ballooned in price was in 2020 in percentage terms. This time, we have all the right metrics suggesting another balloon up in price.
1.) People have grown impatient that we haven’t significantly broken the 70ks and above yet. Many are expecting a long, boring summer and fall. That’s exactly when BTC loves to go up.
2.) With the ETH ETF nearing approval, the general nature of the market is that there are now easier ways to invest in it, which usually increases and not decreases the price
3.) We’ve been ranging for 5 months. So a break above the range will catapult this faster than most people think
submitted by /u/btctrader12
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