In 2022, the crypto market upheaval left many in dire straits, and unfortunately, history seems poised to repeat itself in 2024. BTC's plunge from $48,200 to $16,500 within weeks serves as a stark reminder. Despite hopes for a $70k or $80k BTC, it shockingly tanked.
Yet, lessons from history often go unheeded. In 2024, mainstream media, influenced by crypto whales, lures countless individuals to invest their life savings, envisioning a $150k BTC. However, once the whales maximize profits, they swiftly withdraw, causing BTC's value to plummet.
This tactic enriches the whales at the expense of small-scale investors. They manipulate media narratives to inflate expectations, prompting many to invest heavily, only to suffer losses when the whales exit.
It's imperative to exercise caution. BTC may not surpass $75k in 2024, based on historical data. The opportune moment to secure funds is now, with BTC hovering over 70k.
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