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“This is getting ridiculous. A year ago we predicted Bitcoin hitting $62,968 this week. It just did. This BTC rally is EXACTLY like previous halvings. Likely to reach $115k by August.” – Pantera Capital CEO Dan Morehead
Pantera’s estimates are based on the stock-to-flow ratio which takes into account the total number of Bitcoin in circulation relative to what is being mined. In addition to projecting that Bitcoin will reach $115,212 by August, Pantera predicts that BTC will hit $74,474 by May 15th, $88,576 by June 15th and $104,761 by July 15th.
In other trending Bitcoin News today:
Dogecoin Doubles In A day As YTD Gains Hit 5,000% While Bitcoin Price Dips
Everyone’s favorite meme cryptocurrency “Doge” has delivered 12,600% gains in a year and likely created a string of millionaires.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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