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Author Topic: This bitcoin bull market isn't over yet !  (Read 646 times)
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April 01, 2024, 07:21:32 PM
 #21

I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
I have 95% believe that the price we saw above the previous ATH which is 73k was a hype from the approval of ETF, and we have not started seeing the expected price that should come from the halving. You should also know that the halving triggers the bull run, and by next year bitcoin price will hit a figure that will shock so many people, just the way bitcoin price was able go above the previous ATH before the halving.

This circle is unique because of the approval of bitcoin ETF, and we might see a price as high as $170k and above as the new ATH that will be recorded for this circle. So don't feel it is over, as it is not over for the bull run yet, until the bear market comes next circle. Keep accumulating and watching the price as it skyrockets after the halving.
Well I don't realistically say is over or we won't see any changes again in the market, what I am trying to tell you is that market doesn't go according to how we might plan it. For instance, the recent increase in bitcoin price to see another ATH without even getting to halving. Non of us here had ever imagined that we could see bitcoin at 73k plus, so there is every likelihood that we may see something unusual it could be above or below.

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April 01, 2024, 09:59:07 PM
 #22

According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
It is not only according to the Rainbow Graph but the if we learn the history of Bitcoin ATH in the previous bullrun season, it always reached in few months after the Bitcoin halving. We are still in the early of April, the price dropped a bit but we don't feel worried. I think it is just a small correction before the next jump in Bitcoin price. Sure, just keep holding because we may have another ATH very soon.

Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.
You are right. OP also stated it, the Rainbow Graph also pointed that the next ATH may be in the end of this year or in the early of 2025.
Regarding the new ATH, sure we already have a new ATH, it is $73,750. The newest ATH was reached in Mar 14, 2024. The next ATH is predicted to be achieved in this month, when we have Bitcoin halving.

https://coinmarketcap.com/currencies/bitcoin/


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April 01, 2024, 10:18:02 PM
 #23

I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
actually the price of Bitcoin is unpredictable and the what happened this year in Bitcoin life cycle has ever happened before that is the evidence to show that Bitcoin might reach a certain price without experiencing having before it will get to a particular price that will ashtonish people who does not believe in Bitcoin, perspective and understanding I think that bitcoin will continue to experiencing more increments before halving that is why we said bitcoin prices on predictable and the nobody can predict it feature.

I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
Only people that predict the price of bitcoin in short period of time that do not get the price prediction rightly but for those that predict what the price can be in the long period of time get it accurately if the prediction is bull run. Also know that bitcoin has not gotten to its all-time-high yet this time. Bitcoin is going to over $100000 or more and better predictions that I see are $150000. It is still a good time to still continue holding in my opinion until the bull run is over. The bull run only started early but not yet over.
the only thing that I will say in this scenario is that whoever that is predicting the future of Bitcoin is just trying it luck or I can equally call it assumption because both the short short-term prediction and long-term prediction or are prediction but it is depends on the source you got your information or you make you analysis and get the result of your prediction that matters a lot someone can predict for long-term prediction of Bitcoin and the got it wrong why somebody who predict a short term will it get it right so it depends the site or your chat analysis how accurate your prediction is going to be so it does not matter that those people who is predict for long period of time is people that got it correct or perfectly, so I don't believe in such philosophy.


I don’t think it’s over either. As long as we get positive etf flows and all these stablecoin prints keep popping up then we should be having a bull market the entire year, unless something bad happens with the economy.

There is lots of money going into crypto and it doesn’t seems to be stopping. I think many now are waiting for the halving and we will see how Bitcoin performs then. It could be like 2017, where the entire year was bullish and bitcoin kept hitting new highs before topping out at the end of the year.
like now I've not seen a Bitcoin as a something that the price will begin to fall at any point in time because the market of Bitcoin is this showing a positive and some of the altcoins who we quite know is also experiencing a positivity in the market so we cannot set now that Bitcoin this is the end of the bullish or the market is now been against Bitcoin... as you said you are totally correct because the market is still experiencing positivity in all ramification for now, any price we see in Bitcoin right now neither falling or Rising I think you from my own perspective I will say that he's trying to be strong so let us not have a negative thoughts of Bitcoin this year, we all have seen that bitcoin been experiencing positivity throughout the beginning of the year 2024 and we should believe that will continue to experience it till ending of this year.

Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher.
As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving.
The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
we can only say that the bull run is over when we start seeing negativity in the market like seen a red color in the market but right now the price of Bitcoin is still showing greenish so it is sign or symptoms that the bull run or bullish season has not gotten to an end so I may say that you are correct in your statement and I agreed with your point of views.

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April 01, 2024, 10:51:46 PM
 #24

I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
actually the price of Bitcoin is unpredictable and the what happened this year in Bitcoin life cycle has ever happened before that is the evidence to show that Bitcoin might reach a certain price without experiencing having before it will get to a particular price that will ashtonish people who does not believe in Bitcoin, perspective and understanding I think that bitcoin will continue to experiencing more increments before halving that is why we said bitcoin prices on predictable and the nobody can predict it feature.
That's why I still said anything is possible, seeing another pretty ATH this year was something shocking. Bitcoin doesn't work according to how you might predicted it but I guess it was as a result of ETF approval, we might not see much changes in the market since it has achieved it's purpose of creating new ATH this year before halving. We shouldn't focused our hearts on positive impact of the price rather we should be optimistic, like hoping to get positive increase but that doesn't mean we should channel our thinking that bitcoin must achieve the price we desired.

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April 02, 2024, 11:56:29 PM
 #25

I agree on this, because if it does lowering prices then it just constitute with some kind  of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits.

With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.
As long as we're done with the halving, it's expected to see the price increase and we don't know when exactly it will be. But as for the manipulation, they might come through the news, FUDs or some statements from these "market experts" that will play the emotion of everybody.

Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.

Well, technically if something happens 1 year after the halving it will also happen 3 years before the other halving, so as usually with all the charts where people try their best to find patterns you can cling to every detail to enforce your theory.
That makes sense and it's a continuous basis for most of us. So that's right and thank you for that as every detail based on someone's theory on how he reads the patterns could be right as well.

Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.
You are right. OP also stated it, the Rainbow Graph also pointed that the next ATH may be in the end of this year or in the early of 2025.
Regarding the new ATH, sure we already have a new ATH, it is $73,750. The newest ATH was reached in Mar 14, 2024. The next ATH is predicted to be achieved in this month, when we have Bitcoin halving.

https://coinmarketcap.com/currencies/bitcoin/
Hopefully, that we'll reach and see that before this year happens but as for the holders that have been set and believes that the next ATH will cross by 2025. But either way, all of us are wanting to see it soon.



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April 03, 2024, 01:37:30 AM
 #26

In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections.
As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving
Quote
Halving Date ETA: 24 April 2024

According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon
Which this leads to understand that this Bull market is not over yet  and that you still can prepare and HOLD for New All Time High
While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive.


I love the rainbow chart , this shows how unpredictable Bitcoin is and most specially in these
moment now because what have we seen recently is a crazy market that we did  not anticipate
though we expect some good rump after the ETF and given us  another ATH.
Quote
While there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140.
After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards.




Soruces: https://www.blockchaincenter.net/bitcoin-supply/

Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?

and that is what we can see about the  true future of Bitcoin when the Mining already
stopped and all the bitcoin is all mined , from that point will decide what is the faith of bitcoin
and the whole crypto .

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April 03, 2024, 01:41:43 PM
 #27

Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher.
As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving.
The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
Completely agree! the bull market is still in its early stages. There was a recent dip but Bitcoin is regaining its momentum especially with the upcoming halving. I can hardly wait.
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April 03, 2024, 10:59:48 PM
 #28

Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher.
As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving.
The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
Completely agree! the bull market is still in its early stages. There was a recent dip but Bitcoin is regaining its momentum especially with the upcoming halving. I can hardly wait.
We are still starting to see a bull run in the market, despite of some slight correction that is somehow inevitable. However, as long as bitcoin price has not achieved its new all time high yet, then it’s still a good time to buy. DCA is the key, until you finally see your portfolio storing a good amount of bitcoin that you can finally take advantage when the real bull run is here. Just be more patient with your investment, as not all the time we will see bitcoin price consistently skyrocketing, price decline also happens at times.

 
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April 03, 2024, 11:32:41 PM
 #29

 Shocked
I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
I have 95% believe that the price we saw above the previous ATH which is 73k was a hype from the approval of ETF, and we have not started seeing the expected price that should come from the halving. You should also know that the halving triggers the bull run, and by next year bitcoin price will hit a figure that will shock so many people, just the way bitcoin price was able go above the previous ATH before the halving.

This circle is unique because of the approval of bitcoin ETF, and we might see a price as high as $170k and above as the new ATH that will be recorded for this circle. So don't feel it is over, as it is not over for the bull run yet, until the bear market comes next circle. Keep accumulating and watching the price as it skyrockets after the halving.
Well I don't realistically say is over or we won't see any changes again in the market, what I am trying to tell you is that market doesn't go according to how we might plan it. For instance, the recent increase in bitcoin price to see another ATH without even getting to halving. Non of us here had ever imagined that we could see bitcoin at 73k plus, so there is every likelihood that we may see something unusual it could be above or below.
No one can be certain of the market i understand. But you should have something in mind and it is obvious that you do not have any expectations in mind or some sort of price direction that you wish the market should take so that your investment plan will be a success. It would be so bad that we just rely on luck when we trade or invest. With the level of knowledge i believe you have now you should be able to come up with a plan that would favor your investment. In my opinion i believe that bitcoin will go below 64k before the next halving and up to 80k-100k after the halving. With this target in mind i may be able to influence my decisions on when i place a buy or sell order.

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April 03, 2024, 11:59:58 PM
 #30

Yes, bitcoin bullish market is not over yet. In fact, we are still starting to see what a bullish market looks like, most particularly for those who are new in the market. And because of that, everyone is expecting bitcoin to reach a significant price despite of its price correction that is still happening as of now. But we all know price correction don’t last, and it’s only here temporarily as it’s also part of a crypto market. However, the most important thing is we have upcoming bitcoin halving and bull run which both promote positive scenario for bitcoin. So let’s root for it.
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April 04, 2024, 02:55:24 AM
 #31

Yes, bitcoin bullish market is not over yet. In fact, we are still starting to see what a bullish market looks like, most particularly for those who are new in the market. And because of that, everyone is expecting bitcoin to reach a significant price despite of its price correction that is still happening as of now. But we all know price correction don’t last, and it’s only here temporarily as it’s also part of a crypto market. However, the most important thing is we have upcoming bitcoin halving and bull run which both promote positive scenario for bitcoin. So let’s root for it.
A halving and a bull market in 2024 and 2025 are good for Bitcoin adoption expansion but I hope that with more educational resources available free, open source, people include newbies will have better knowledge and prepare themselves better before joining this market and spending money for investment.

In a bull run that lasts about two years, many scammers will appear and they can run many scam projects and they can use Bitcoin as their tool, hook to attract people, turn them to victims. I hope with better knowledge, people will have less risk to be scammed by Ponzi scammers on behalf of Bitcoin while Bitcoin has no relation with those scammers.

Many accusations that Bitcoin is a Ponzi scam but in fact Bitcoin is not. Only Ponzi scammers run their Ponzi and Bitcoin is always Bitcoin. Newbies must understand that scammers can use fiat currency for Ponzi but fiat currency is not a Ponzi itself.

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April 04, 2024, 04:42:59 AM
 #32

I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
It is not so easy to say exactly about the price of bitcoin. Price movement before and after halving is normal and possibility of breaking ATH.
It's hard to be realistic about the future but you can be optimistic that something positive will happen to the price of bitcoin. The most surprising thing is that the price of bitcoin has not been affected at a time of so much inflation in the world. So we have ample reason to be optimistic about its future.
How much will the price of Bitcoin go up or down or what will happen in the Bitcoin market is a very simple question for us. But whenever we want to find the answers to these questions, we do not find the right answers to these questions or no one can find them. All the predictions we have heard about the cryptocurrency market are just guesses or imaginations that no one can say for sure.

When the Bitcoin ETF was approved then the market started to rise differently then maybe many of us assumed that the price of Bitcoin would rise and create new ATH. That is what happened. Maybe it matched the predictions of many. It didn't match the predictions of many. We are now somedays away from another important step in Bitcoin's price growth, the Bitcoin Halving. We all have a positive attitude towards the Bitcoin halving and we predict that the price of Bitcoin will rise further and ATH will rise again.

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April 04, 2024, 05:46:30 AM
 #33

     We are at the beginning of the bull run, so it is unlikely to end soon, nor is the bitcoin halving finished. Doesn't it usually happen that the bull starts when the bitcoin halving ends?
right? That's what often happens when a bull run happens. So know that in the middle of this year, Bitcoin's real rally will begin.

     And we still don't know if the altcoin season will coincide with the bull run. Because in the coming May 23 is ETH spot etf, which is when it is approved, it will surely be altcoins season.
So, crypto community must prepare on this matter.

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April 04, 2024, 04:03:36 PM
 #34

Still running Bullrun.  But investing now doesn't seem like a smart move.  Because it can end anytime.  And we cannot say for sure when it will end.  Because it is not possible to say anything specific about the market.  No one can predict when the market will bear fruit.  So you can hold but investing will not be very wise.  But you can now buy bitcoin from the market and hold it for the next bull-run.

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April 04, 2024, 07:48:41 PM
 #35

Well I don't realistically say is over or we won't see any changes again in the market, what I am trying to tell you is that market doesn't go according to how we might plan it. For instance, the recent increase in bitcoin price to see another ATH without even getting to halving. Non of us here had ever imagined that we could see bitcoin at 73k plus, so there is every likelihood that we may see something unusual it could be above or below.

One should remember that making prediction is not easy and coming price is not easy to know but everyone is finding a way according to speculation so i think one cannot say that certain price of bitcoin is confirmed in coming days because nothing is stable here and Confirmation is impossible.

I think that Bull season has not over yet because market is going dump for instance and again pump like yesterday the price was 65k$ but today it is 68k$ so here is a hope that price will move up once again. The market changes but not according to our expectations and everything happens is new to us as we expect huge pump but price remain in the range of 61k$ to 69k$ for longer.



 

 

 

 

 

 


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April 04, 2024, 08:51:55 PM
 #36

In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections.
As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving
Quote
Halving Date ETA: 24 April 2024
Bitcoin did an amazing run in first quarter as it pumped by over 65%. But now we are seeing something down for last few days. But i think it is pre-halving correction,  and i also think it is last down before halving. We know only few days remaining. Only 20 days i think left for bitcoin halving, within short time bitcoin price will go new ATH i strongly believe it. And it will be happen there has no doubt. So i think there has no tension about recent correction.
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April 04, 2024, 09:02:03 PM
 #37

Yes, the bullrun is not over yet, even after the Bitcoin halving, of course, the real bullrun will start to take place. This is quite surprising when the bullrun occurred faster before the halving, with the previous ATH achieved and passing it quite well. However, this will not stop there. Because it seems like, now, the struggle for Bitcoin prices to achieve even more significant increases will begin again. Even though it certainly won't go that smoothly, there will definitely be sideways processes and corrections in the market along the way.

and that is what we can see about the  true future of Bitcoin when the Mining already
stopped and all the bitcoin is all mined , from that point will decide what is the faith of bitcoin
and the whole crypto .
Yeah, but this is still a long time from happening. So, our current focus is how significantly the Bitcoin halving will influence the increase in the Bitcoin price this year. Because there are indeed fewer and fewer blocks. And of course, there are many predictions regarding the possibility of an ATH that will occur. I am sure, this time, we will really see Bitcoin at a price of $100,000.

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April 04, 2024, 10:02:49 PM
 #38

I don't always base my analysis on the technical analysis because sometimes it fails.
The price of Bitcoin is still at the previous height so we should expect that the market is going to do better for a bigger rewards.
We should not be afraid of the market and it's important we don't trade with funds we know that we can't afford to lose.
We can always make money from the market if we know how to go about it since the market is full of different projects we could hold for better rewards.

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April 04, 2024, 11:14:12 PM
 #39

We are still starting to see a bull run in the market, despite of some slight correction that is somehow inevitable. However, as long as bitcoin price has not achieved its new all time high yet, then it’s still a good time to buy. DCA is the key, until you finally see your portfolio storing a good amount of bitcoin that you can finally take advantage when the real bull run is here. Just be more patient with your investment, as not all the time we will see bitcoin price consistently skyrocketing, price decline also happens at times.

Bitcoin has already gotten a new highest price that is higher than the previous bull market but it doesn't mean that we are done with the bull market. I think the bull market hasn't started yet because we still have to wait for Bitcoin halving to be done before we can say we're in a bull market and to see how high the price of Bitcoin can go. What made Bitcoin to achieve a new highest price was because of the positive response from Bitcoin ETF being approved. The reaction from Bitcoin halving getting done will still make Bitcoin price to rise to new highest price. The bull market can't be over yet. I'll rather say the bull market hasn't started than to say the bull market has ended. Alot of things hasn't happened yet that males it a bull market therefore we should still be expecting more very soon.

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April 04, 2024, 11:59:25 PM
 #40

Yes, bitcoin bullish market is not over yet. In fact, we are still starting to see what a bullish market looks like, most particularly for those who are new in the market. And because of that, everyone is expecting bitcoin to reach a significant price despite of its price correction that is still happening as of now. But we all know price correction don’t last, and it’s only here temporarily as it’s also part of a crypto market. However, the most important thing is we have upcoming bitcoin halving and bull run which both promote positive scenario for bitcoin. So let’s root for it.
We are still experiencing a bullish market until now, even if some price decline is still visible. The moment bitcoin has crossed over its last ATH, that seems the sign that we are already entering a bullish market. And until we are not seeing bitcoin price dropping below $40k or $30k, I can always say that this bullish market isn’t over yet.

Furthermore, bitcoin halving is due to happen this month so there is more reason that we should anticipate positive price for bitcoin that makes it more bullish for the market. Never mind the price correction, as it’s only here temporarily and will be gone soon once bull run finally enters the market.

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