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RE: LeoThread 2024-02-05 17:38

in LeoFinance • 10 months ago

🧵 1. Bitcoin's price has stabilized around $43,000 after the approval of a spot Bitcoin ETF, but a recent analysis suggests three reasons to sell. #crypto

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🧵 2. Outflows from GBTC and the BTC halving could impact Bitcoin's price. Analysts believe buying interest pre-halving could lead to new all-time highs in 220-240 days.

🧵 3. While downside risk is limited, choppy price action and FOMO towards $49K is expected. Consult a financial expert before investing in cryptocurrencies.