Several other respondents expressed their excitement over Te | Divine BTC on Binance Square

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Several other respondents expressed their excitement over TechDev’s Bitcoin analysis. Some added their opinions to support the analyst’s observation, anticipating the Bitcoin price to rally soon.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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From TechDev’s observation, the anticipated top of the upcoming cycle will happen before the Bitcoin halving event. An event that is expected to occur between April and May 2024. If that becomes the case, it will represent a slight departure from how the price cycle played out over the years. In the past, despite increased volatility ahead of the halving event, the price cycle terminated after the halving proper, not before it.

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According to one of the responders, most investors could expect Bitcoin to exhaust its upward momentum at $96,000, but the price will continue climbing until $160,000. Then, only a part of the community holding through would benefit from the price rally.

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In a world where security is a top priority, Saylor urged people to seek the most secure network or resource on Earth. He stated that this resource is not gold or anything that can be created now, but rather Bitcoin.

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According to MicroStrategy’s founder, Bitcoin is the ultimate conservative thing, emphasizing its safety and security. Saylor expressed his concerns about the current global realm, where trusting data and networks is increasingly difficult. When discussing Bitcoin’s safety, he highlighted its resistance to being spoofed, hacked, or tricked, with no possible way to cut through it. Furthermore, Saylor emphasized that Satoshi, the creator of Bitcoin, designed the safest database and the most secure network.

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MicroStrategy founder Michael Saylor addresses Bitcoin’s superiority at the Bitcoin Conference 2023 held in Miami. Saylor sat down with investor Bill Miller to talk about various things, including the growing interest in Bitcoin and Lightning apps.

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