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I appreciate your feedback/insight as kind of makes good sense...

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telamelo

12,729 Posts.

352

15/05/22

09:20

Post #: 61414007
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Originally posted by hawthorn8: ↑

Hi tele.
only my 2 cents worth ofc.
there's schools of thought..sone historical evidence.. To suggest btc has a run every 3-4 yrs related to its halving. From that angle 1 would be looking at the middle to end of 2023 as perhaps the bottom.

different angle is the environment of rising interest rates and struggles with inflation which look like will be around for at least that long don't bide well for "risk on" type assets .

so my 2c worth is.. Wait for a year - 18 months and I'd suggest somewhere between $10k - $15k could be the mark.

ofc I could be way off and it rockets again well before that...just how I see it.

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I appreciate your feedback/insight as kind of makes good sense what you alluded too there thanks.

Tend to agree with you this bearish cycle may drag on for another year or two it seems given increasing inflation etc.
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