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The fifth Bitcoin bull officially started!
Pointing out that Bitcoin (BTC) has gone through four bull cycles so far, Matrixport stated that the fifth bull officially started on June 22, 2023.
Matrixport pointed out that Bitcoin (BTC) has passed through four bull cycles so far and said that the fifth bull began on 22 June 2023.
Bitcoin Spot ETF applications of Blackrock, Fidelity and many other institutions have mobilized the crypto market. The fact that the SEC was close to approved these applications created a sensational rise in BTC.
In its report for the crypto market, Matrixport stated that the BTC bull officially started on June 22, 2023.
“Bitcoin will reach $125,000”
On October 26, Matrixport presented a striking report on the crypto market. Matrixport said the Bitcoin (BTC) bull has begun and made a striking price prediction.
Claiming that the Bitcoin (BTC) bull started on June 22, 2023, Matrixport predicted that BTC would reach $ 125,000 by December 2024. Additionally, Matrixport stated that the best time to buy BTC is 14-16 months before the halving.
In its price prediction created with the BTC chart, Matrixport; It points to $45,000 in January 2024, $63,130 in May 2024, and $125,000 in December 2024. This sensational price prediction means the crypto bull is making ATH (all-time high).
The report underlined that BTC has gone through four different bull cycles before. This price prediction was given as the fifth bull cycle has officially begun.
Matrixport attributed its fifth bull market to an increase in corporate adoption and unsustainable data in the US economy.
