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Perhaps this year it will be possible to see a bitcoin pump up to 50k$, but it’s hard to believe in this because we are in a bearish trend and perhaps till the end of this year there will be a bearish trend, but bitcoin will easily reach 100k$ and even more, and this will be in the next few years, most likely closer to Bitcoin halving or after it.
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Things To Push Bitcoin Beyond $50K?
So far as I know, Bitcoin reached its All-Time-High of over $68,000 and from there many expected that soon it might be able to jump beyond the $100K zone but we know that it instead went south or downward spiral. Though for now, BTC is not that doing bad at around $40K even if bears are starting to claw in, I am thinking that there must be some big factors that can back the BTC towards winning over it own ATH and going beyond that. Will it be fresh institutional interest and buying...or will it be a new round of retail investors coming in again to pick up Bitcoin as it did in 2017? Or maybe a combo of both?
