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Author Topic: Bull season started?  (Read 1205 times)
uswa56
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November 04, 2023, 03:54:21 PM
 #121

Your right. When the bull run comes it will be obvious and we wont even expect it. I see coming very soon. All of this is only but speculations, now we are seeing the upside of Bitcoin it may look like a bull, but the price might go down so what we will call it then. The situation we are now is like a temptation for us to sell our Bitcoin. Only traders or people who are in for the short term profit will accept the it as a bull run and plan to sell. Patience is the key, if unknowingly this is a bull run i wont be in a haste.
In selling Bitcoin, sometimes there is no need to rush, even though buying Bitcoin at the price we want requires a little hasty effort, because everyone can also enjoy the bull conditions quite well and make a profit at a certain level. But this year cannot be said to be bull at all because the increase that has occurred so far is only in the form of improvements in the price of Bitcoin due to the large number of buyers in the market which can increase volatility in the price of Bitcoin itself.
In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.
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November 04, 2023, 09:57:21 PM
 #122

Your right. When the bull run comes it will be obvious and we wont even expect it. I see coming very soon. All of this is only but speculations, now we are seeing the upside of Bitcoin it may look like a bull, but the price might go down so what we will call it then. The situation we are now is like a temptation for us to sell our Bitcoin. Only traders or people who are in for the short term profit will accept the it as a bull run and plan to sell. Patience is the key, if unknowingly this is a bull run i wont be in a haste.
In selling Bitcoin, sometimes there is no need to rush, even though buying Bitcoin at the price we want requires a little hasty effort, because everyone can also enjoy the bull conditions quite well and make a profit at a certain level. But this year cannot be said to be bull at all because the increase that has occurred so far is only in the form of improvements in the price of Bitcoin due to the large number of buyers in the market which can increase volatility in the price of Bitcoin itself.
In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.
A profit is a profit
A gain is a gain
A positive is a positive
A green is a green

This should really be put up into your priorities whenever you do make up those trading decisions and plans on which its never been that ideal that making out hesitation yet we've been dealing
on a market on which it is really that truly unpredictable or there's no way on knowing on where it would be heading.

Bull run season started? It wont start not until the even of halving season of bitcoin. Why cant people do easily understand about this default rule?
Bull run couldnt kicked out or would really be that commencing until the halving period and several months after. This is why its really that ideal
on making out such movement or positioning on buying cheaper coins as of this moment.

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November 06, 2023, 07:23:52 AM
 #123

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.
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November 06, 2023, 08:49:15 AM
 #124

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.

I also believe there will be some pullback before the real bull season arrives but predicting it will drop to $20k is an unlikely prediction, IMO.  In my opinion, bitcoin will probably have corrections until the bull season arrives but it will not fall below $25k.  I think we don't have much of a chance of seeing bitcoin at 2X.  so, those who are still waiting for a significant dump to accumulate bitcoin should rethink their plans.  many people still believe in history and believe that there will be a swan that causes the market to dump again, but I believe that will not happen.

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November 08, 2023, 12:06:26 AM
 #125

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"
I agree with these analyst because going by the charts I have seen so far there's a liquidity sweep that Bitcoin is yet to take which will occur during the pull back after which the next bull movement may take place to break further slightly above the 35k-36k zone them a possible range may follow through the halving period because it's just by the corner.

So I think Bitcoin is looking for stability where it can comfortably range throughout the period of halving so it can execute the bull run immediately after, so it will have to range between a certain resistance and support which it is currently creating buy making the current historical October impulsive moves /patterns, this support and resistance range will be most likely respected through the halving and after which it will break above the resistance and move all the way up which will be tagged the bull run.

These are speculations and not a financial advise always DYOR and take informed financial decisions to maximize the vast opportunities in the crypto trading market.

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November 08, 2023, 02:41:44 AM
 #126

In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.

I also hope that the price of BTC continues to increase for those who are interested and take it quickly. Everyone can predict that BTC will reach that price. However, things will likely change over time as wider acceptance of cryptocurrencies continues to increase, but this will add complexity to the already complex cryptocurrencies themselves. Yes. Maybe for now I want to give myself a little time to prepare.

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November 08, 2023, 04:36:02 PM
 #127

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.

I also believe there will be some pullback before the real bull season arrives but predicting it will drop to $20k is an unlikely prediction, IMO.  In my opinion, bitcoin will probably have corrections until the bull season arrives but it will not fall below $25k.  I think we don't have much of a chance of seeing bitcoin at 2X.  so, those who are still waiting for a significant dump to accumulate bitcoin should rethink their plans.  many people still believe in history and believe that there will be a swan that causes the market to dump again, but I believe that will not happen.
Never say never. This growth could easily turn out to be a bull trap. Nothing has changed in the world yet and the crisis along with inflation has not disappeared anywhere. The main trigger for growth is halving, which will be in six months. I think the real growth will start as usual after that.
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November 08, 2023, 04:50:33 PM
 #128

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"
I don't think we are starting to see the bull season. Yes, bitcoin price is gaining a good position but it also happens when the market is having a correction. Later, we will witness bitcoin price going down again and that's normal. However, the only reason I can really tell when the bull season has really started is when majority of the coins are bullish in price, and not just bitcoin. Remember, that if bitcoin goes to the moon, other high potential crypto coins also go the moon, but I'm still not seeing this at the moment. That's why I'm not convinced that we are starting to witness a bull season.

Nevertheless, the one we are seeing now is due to the effect of the fake etf approval. But most probably when its already confirmed, for sure bitcoin price will skyrocket once again, and we might expect a bull run as earlier than what we expected.
Naaah I don't know why forks just take any sharp market outcome to define a trends,  Bitcoin market doesn't works that way,  because the bitcoin volatile nature have made it hard for anyone to speculate base on short term market behaviours and so on,  if and before you make such an assumption,  you first of all take some things into considerations and try to build a balance ground between time and make movement.

To declare any market cycle,  one need to first of all take time and date into considerations,  in the sense that,  you have to note the bitcoin 3 to 6 mounts cycle to declare a trends,  so any short term market behaviours such as the present bitcoin price shouldn't be taken to mean anything significant such as declaring a bull market were we just hard a market uptrend reaction.

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November 09, 2023, 12:19:12 AM
 #129

Never say never. This growth could easily turn out to be a bull trap. Nothing has changed in the world yet and the crisis along with inflation has not disappeared anywhere. The main trigger for growth is halving, which will be in six months. I think the real growth will start as usual after that.

The same is what I think. I don't actually agree that we are yet in the bull market because, definitely, even if there is every possibility that the Bitcoin price will surge this month, it is not just yet the bull market. I believe that the price will plunge before that halving period, and it's after the halving that we can actually expect the bull market, where the price is going to increase so rapidly. Some experts are predicting $40k, and with the market just staying around $35k, I don't think that $40k is too hard to earn. It could reach the price that most people have always predicted and plunge back.

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November 09, 2023, 02:56:17 AM
 #130

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.
But that's too low to expect before the Bull comes, 20k'ish ? from 45k price  i believe that we will only back to 30k$ and that will be the standing price before and after Halving next year .
so if you have positioned to that range already then you are safe to say it better and best for waiting .
correction will take place and that is always normal after a bullish run but HODlers are still there to continues support while others are selling to exit liquidity .
In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.

I also hope that the price of BTC continues to increase for those who are interested and take it quickly. Everyone can predict that BTC will reach that price. However, things will likely change over time as wider acceptance of cryptocurrencies continues to increase, but this will add complexity to the already complex cryptocurrencies themselves. Yes. Maybe for now I want to give myself a little time to prepare.
we are hoping and it will come , so if wanted to have an exit then best to wait for another couple of weeks and you'll get what you wanted , and also try to cover back your selling once the price bearish again that is for preparation for the Bull .

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November 09, 2023, 08:50:11 PM
 #131

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.
But that's too low to expect before the Bull comes, 20k'ish ? from 45k price  i believe that we will only back to 30k$ and that will be the standing price before and after Halving next year .
so if you have positioned to that range already then you are safe to say it better and best for waiting .
correction will take place and that is always normal after a bullish run but HODlers are still there to continues support while others are selling to exit liquidity .
In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.

I also hope that the price of BTC continues to increase for those who are interested and take it quickly. Everyone can predict that BTC will reach that price. However, things will likely change over time as wider acceptance of cryptocurrencies continues to increase, but this will add complexity to the already complex cryptocurrencies themselves. Yes. Maybe for now I want to give myself a little time to prepare.
we are hoping and it will come , so if wanted to have an exit then best to wait for another couple of weeks and you'll get what you wanted , and also try to cover back your selling once the price bearish again that is for preparation for the Bull .
Now we are recently moving in a fast pace manner on which it would really be just that understandable that people would really be having those kind of thoughts that this might really be the start of the bull run.
Well for newbies out there then this would be a common impression but for those people who had been here on this market for a while now, then this would really be look like some recovery on which it would really be just that so normal that you would really be that having that kind of thinking basing up on what you are really that able to experience on point. Speaking about on the topic on having that bull run is starting?
No its not but most likely this is an ordinary day of having that green but not totally speaking or talking about bull run.

As long we arent that go past beyond that halving event then everything could be considered to be those normal pumps that we do have in the market. It is really just that it do really looks to be that
a bull run yet increase of prices in % matter is really that something that you could see in other markets and this is why it would be molding up that kind of impression
that we might already on the bull run as of this moment.

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November 09, 2023, 11:46:37 PM
Last edit: November 09, 2023, 11:56:41 PM by JoyMarsha
 #132

Your right. When the bull run comes it will be obvious and we wont even expect it. I see coming very soon. All of this is only but speculations, now we are seeing the upside of Bitcoin it may look like a bull, but the price might go down so what we will call it then. The situation we are now is like a temptation for us to sell our Bitcoin. Only traders or people who are in for the short term profit will accept the it as a bull run and plan to sell. Patience is the key, if unknowingly this is a bull run i wont be in a haste.
In selling Bitcoin, sometimes there is no need to rush, even though buying Bitcoin at the price we want requires a little hasty effort, because everyone can also enjoy the bull conditions quite well and make a profit at a certain level. But this year cannot be said to be bull at all because the increase that has occurred so far is only in the form of improvements in the price of Bitcoin due to the large number of buyers in the market which can increase volatility in the price of Bitcoin itself.
When bitcoin price fluctuates up and down in a way people don't understand, it does achieve the purpose of shaking off weak hands out of the crypo space because they can't hodl and be patient enough to wait till the bull run starts.

Let those who want to rush and sell do their things and those who want to accumulate bitcoin do the same thing to accumulate more of it to their advantage.

At the end of everything, we will then see the result of those who cried and laughed when the bull run starts by favoring those who were able not to allow the market condition to shake off their hands from selling their Bitcoin assets when they are not to sell it

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November 10, 2023, 11:51:53 AM
 #133

May be this increase is as a result of repeating history as in October the price is always higher and October proves as a good month always. But other reason can also be that halving is coming so the price will go up and also there is a news regarding acceptance of ETF.

These months are not well identified that there will increase or decrease because time is remaining for halving so the price is not
confirmed yet to go more higher. If someone keep their investment for longer time then their thoughts will not be effected by Bull or bear run because there is an identification about halving so everyone will keep their bitcoin still halving. Remember that we cannot find Bull or bear market with the help of higher price for few days because Bull season when introduce then it will be lengthy enough to offer profit to all holders.

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November 11, 2023, 12:28:08 AM
 #134

The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.
At the point of pull back if it ever gets to $20k as predicted by you, I see the best buy opportunity and any buy done at this point should be held tiil after the bull run to get the best yield and profit you can get from the bull run. It's important investors understand this analysis you just gave as it will go a long way helping them maximize their profitability in the next bull run by 2025.

It's very much possible Bitcoin rallys up all the way to $45k but I don't see it going beyond to $50k because before then it may hit a resistance a little above $45 and may go doing during the halving to make retracements which will actually become a pullback to $20k or sightly high

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November 11, 2023, 06:51:00 PM
 #135

Never say never. This growth could easily turn out to be a bull trap. Nothing has changed in the world yet and the crisis along with inflation has not disappeared anywhere. The main trigger for growth is halving, which will be in six months. I think the real growth will start as usual after that.
The same is what I think. I don't actually agree that we are yet in the bull market because, definitely, even if there is every possibility that the Bitcoin price will surge this month, it is not just yet the bull market. I believe that the price will plunge before that halving period, and it's after the halving that we can actually expect the bull market, where the price is going to increase so rapidly. Some experts are predicting $40k, and with the market just staying around $35k, I don't think that $40k is too hard to earn. It could reach the price that most people have always predicted and plunge back.
The market looks pretty solid to me, and the prices are going up after every small dip that we see now and then, but I still see a lot of people talking and expecting a plunge before it touches $40k which is strange but I still feel that they can be right, sometimes, because I was also not expecting the market to move up so quickly, and it will go around $40k before even we reach the last month of the year, but it has happened, we see it getting stronger day by day.

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

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November 11, 2023, 08:25:26 PM
 #136

Never say never. This growth could easily turn out to be a bull trap. Nothing has changed in the world yet and the crisis along with inflation has not disappeared anywhere. The main trigger for growth is halving, which will be in six months. I think the real growth will start as usual after that.
The same is what I think. I don't actually agree that we are yet in the bull market because, definitely, even if there is every possibility that the Bitcoin price will surge this month, it is not just yet the bull market. I believe that the price will plunge before that halving period, and it's after the halving that we can actually expect the bull market, where the price is going to increase so rapidly. Some experts are predicting $40k, and with the market just staying around $35k, I don't think that $40k is too hard to earn. It could reach the price that most people have always predicted and plunge back.
The market looks pretty solid to me, and the prices are going up after every small dip that we see now and then, but I still see a lot of people talking and expecting a plunge before it touches $40k which is strange but I still feel that they can be right, sometimes, because I was also not expecting the market to move up so quickly, and it will go around $40k before even we reach the last month of the year, but it has happened, we see it getting stronger day by day.

I think that's because we have seen that price movement, I mean if we will go and hit that magic number of $40k, at least the market might go down a bit again, something of a reset and then we move forward to that price, nothing is wrong with that and maybe we can say that it's a normal process for bitcoin market.

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

That is also what I'm seeing, at least a dip to $32k, before we go and see an increased in price. And if that happens then it's another buying opportunity again. But if the price goes up to $40k without any correction, I guess it just shows that the bullish sentiments will continue and there's nothing wrong if we will also buy at that price. At least the message is just continue to accumulate before the bull run next year.

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November 12, 2023, 08:10:34 PM
 #137

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

With the speed at which the price is moving, $40k is closer, and even if we reach $40k, there is every possibility that we can also reach $45k. I don't have a problem if Bitcoin drops to $31k, like you have said. The reason is because the bull run has obviously not started, and it's normal for the price to drop. Even during a bull market, the price movement is always not just moving up steadily; it still decelerates and circles around a particular price for some days or even a week before it spikes again. Experienced investors will not worry about price drops; if they're actually going to drop, the people who show the most worrisome concerns are newbie investors who have not actually experienced the bull market of Bitcoin.

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November 12, 2023, 09:41:15 PM
 #138

However, the more I think about it, the more I feel that we might see the market going down once again even if it touches $40k within November, and the dip this time might take us back towards the $32k - $31k range. Some people might not like it, but those who are waiting to buy more, will have another opportunity.

With the speed at which the price is moving, $40k is closer, and even if we reach $40k, there is every possibility that we can also reach $45k. I don't have a problem if Bitcoin drops to $31k, like you have said. The reason is because the bull run has obviously not started, and it's normal for the price to drop. Even during a bull market, the price movement is always not just moving up steadily; it still decelerates and circles around a particular price for some days or even a week before it spikes again. Experienced investors will not worry about price drops; if they're actually going to drop, the people who show the most worrisome concerns are newbie investors who have not actually experienced the bull market of Bitcoin.

Maybe there will be a small drop before leading to $40k, or the possibility that we can just simply go up to $40k is possible as well. We did drop to $36k but then again, as we have seen it already the market is very alive, trading volume is also up, and so we go back to $37k++.

And so it's Monday already to Asian, and I'm expecting that are the start of the week, maybe we will see at least some action to $37,500 or even higher in the next couple of hours. And if this happens then another indication that the market is still very positive and bullish. So just watch on what will be the highest high for this week and who knows, maybe that $40k is just around the corner.

 
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November 12, 2023, 11:49:57 PM
 #139

Maybe there will be a small drop before leading to $40k, or the possibility that we can just simply go up to $40k is possible as well. We did drop to $36k but then again, as we have seen it already the market is very alive, trading volume is also up, and so we go back to $37k++.
-snip-
It seems that there will indeed be some price drops due to greater selling pressure than buying,
Buy rate 30% and Sell Rate 70% on 4H Time Frame.

To reach $40k and be able to stay above that price needs some correction first.
But the $36k-$34k support will be strong enough support to hold the decline.




 
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November 14, 2023, 11:55:49 AM
 #140

The recent surge in BTC to the $35k region has led many to believe that the bull market is back. Some analysts believe this is just the effect of historical October patterns, and we may see a significant pullback for accumulation and liquidity purposes before the bull season kicks off. I'm confused, which is why I'm here. What's your opinion, fellow traders?"
The way Bitcoin's price has been rising over the past few weeks has been compared by many to a bull market. But we know that Bitcoin bulls have worked in the past and will work in the future as well. Also, it is normal for the Bitcoin market to grow a bit towards the end of the year, and with half of us waiting ahead, the price may have increased. Bitcoin price is currently at $36k, and it may move higher before the end of the year. Bitcoin halving will happen in 2024, so before the halving Bitcoin will increase a bit. Moreover, Bitcoin will become a bull market in the coming year because of which many investors are buying more Bitcoins and the demand is increasing due to which the price of Bitcoin is increasing.

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