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Bitcoin
Long

Bitcoin ETF

By JohnnyKnowItAll
We can expect Bitcoin to reach 80K if the ETF is approved. Gold had a bubble and crash at around 1980, which looks similar to Bitcoin's 2017/2018 crash. However, after gold's crash of 1980, the price had an increase of 300% from the ATH in 1980. Applying this logic to Bitcoin, we can expect an increase to about 80K if we take its current ATH of just under 20K into account. I would not hold any altcoins if this is to occur as their value in Bitcoin will probably crash.
Beyond Technical AnalysisBitcoin (Cryptocurrency)bitcoinetfbitcoinpriceCryptocurrencyETFTrend Analysis
JohnnyKnowItAll

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