๐ฅWill $BTC history repeat again?
Well the answer could be YES very likely!
There are a lots of reasons why Bitcoin will move up exponentially and here are my thoughts on it:
๐ Bitcoin Halving. There will be a supply shock as the ETFs are buying millions of dollars worth of Bitcoins every single day
๐ Bitcoin broke its ATH with a big green monthly candle and looks mega bullish on the bigger time frame
๐ The uptrend in the higher time frame is looking healthy and this "dump" is just a correction after this mega pump from $38.5k
๐ There's a lot of liquidity (about $1.1 B) above $72k level and the price always move to the places where the liquidity is.
๐ The funding rates are slowly starting to get negative
Apart from these, there are also a lot of reasons why Bitcoin is more likely to go up
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