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#MarketCorrectionBuyOrHODL As Bitcoin’s price continues its meteoric rise, demand for Bitcoin mining machines has surged, especially in Shenzhen, China, where popular models like the Antminer S21 have increased by 30% compared to last year. Bitcoin recently soared to $108,000, with experts predicting it could reach as high as $200,000 by next year. This surge in price has attracted miners from countries like Russia, the U.S., and Canada, who are rushing to buy mining equipment. The Huaqiangbei market in Shenzhen, China, has seen a major spike in mining machine sales, with some models already sold out. Vendors report that foreign buyers from Russia, Ethiopia, the U.S., and Canada are buying in bulk, sometimes purchasing hundreds or even thousands of units, according to Wenweipo. This global demand is driven by the high profitability of Bitcoin mining, especially in regions with cheap electricity, like Russia and Canada. In Russia, where electricity costs as little as $0.02 per kWh, Bitcoin mining is particularly lucrative, prompting miners to invest heavily in machines. $BTC

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#RideTheKaiaWave As crypto market continues to surge, Bitcoin enthusiasts are talking excitedly about the fact that analysts from Bitfinex exchange have predicted Bitcoin price to soar up to as high as $200,000 by mid-2025. As per the latest market report by Bitfinex, Bitcoin is anticipated to at least hit the minimum value of $145,000 before June 2025 with even more favorable conditions for it to reach $200,000. Huge institutional demand and Bitcoin’s increasing trend in ETFs. As of now, the cryptocurrency is trading at approximately $105,360 but shows an overall trend for continued growth. Analysts from Bitfinex expect mild price dips in 2025, mainly on account of the continued inflow of institutional money. As per Farside data, close to $36 billion has already been pumped into the U.S.-based spot Bitcoin ETFs since their rollout at the beginning of the year, making them one of the largest groups of Bitcoin holders, with more than 1.13 million BTC. Bitcoin’s volatility, especially in the first quarter of 2025, is expected but will not be enough to derail its upward trajectory. Analysts say that Bitcoin might even repeat the spectacular gains made during its 2021 cycle, with a probable peak price of about $339,000. Even on a more conservative estimate, if Bitcoin follows the same pattern as 2017’s cycle, it should be about $290,000 by early 2026. #RideTheKaiaWave @Kaia Chain #BTCNewATH

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#RideTheKaiaWave Even on a more conservative estimate, if Bitcoin follows the same pattern as 2017's cycle, it should be about $290,000 by early 2026.As crypto market continues to surge, Bitcoin enthusiasts are talking excitedly about the fact that analysts from Bitfinex exchange have predicted Bitcoin price to soar up to as high as $200,000 by mid-2025. As per the latest market report by Bitfinex, Bitcoin is anticipated to at least hit the minimum value of $145,000 before June 2025 with even more favorable conditions for it to reach $200,000. Huge institutional demand and Bitcoin’s increasing trend in ETFs. As of now, the cryptocurrency is trading at approximately $105,360 but shows an overall trend for continued growth. Analysts from Bitfinex expect mild price dips in 2025, mainly on account of the continued inflow of institutional money. As per Farside data, close to $36 billion has already been pumped into the U.S.-based spot Bitcoin ETFs since their rollout at the beginning of the year, making them one of the largest groups of Bitcoin holders, with more than 1.13 million BTC. Bitcoin’s volatility, especially in the first quarter of 2025, is expected but will not be enough to derail its upward trajectory. Analysts say that Bitcoin might even repeat the spectacular gains made during its 2021 cycle, with a probable peak price of about $339,000. Even on a more conservative estimate, if Bitcoin follows the same pattern as 2017’s cycle, it should be about $290,000 by early 2026.

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#BitcoinKeyZone As we can see price now is near 100K$ resistance zone and ATH resistance and we can expect short-term fall now to the targets like 90K$ or more dump even like the prices mentioned on the chart. long-term BTC is still bullish and after range for couple of weeks and correction and short-term fall we can expect breakout of ATH and targets like 120K$. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy

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