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Is this the retracement before last wave up?! ๐ง๐ค
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#BTCโ Bitcoin's New ATH of $111,111 in 2024: A Bold Prediction?** The crypto community is buzzing with predictions that Bitcoin could soar to $111,111 in 2024. Whatโs driving this optimism? A mix of key historical patterns and current market dynamics: 1. **Bitcoin Halving**: Scheduled for April 2024, this highly anticipated event historically triggers significant price rallies. By halving miner rewards, it creates a supply squeeze that has often led to explosive price growth within the following year. 2. **ETF Adoption Boom**: Bitcoin ETFs are experiencing rapid institutional adoption, with BlackRock and other major players driving billions of dollars in investments. This influx of institutional capital signals growing confidence in Bitcoin as a mainstream asset. 3. **Favorable Macro Conditions**: Potential rate cuts by the U.S. Federal Reserve in 2024 and inflation concerns are increasing demand for Bitcoin as a deflationary hedge. Additionally, the upcoming U.S. presidential election, with pro-crypto policies potentially on the horizon, is creating further bullish sentiment. Bitcoin has a history of exceeding expectations during bull markets. Could 2024 be the year it breaks past six figures? Share your thoughts below! $BTC
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#BTCโ Letโs see if we can hit $91.5k by the end of 2024
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#BTCโ $102k ๐ฏ๐๐๐ $BTC
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#Bitcoinโ my advice to yโall is to open your eyes
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#BTCโ 4H OB and daily FVG $71k Can we really break this huge resistance?
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