🪩Could Bitcoin’s Bull Run Stretch Another Year?

🪩Could Bitcoin’s Bull Run Stretch Another Year?

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Bitcoin

Yello, ParadiseClub Members! 😎 Wondering how long the Bitcoin bullish cycle might last this time? Let’s dive into some key signals from the market:

💎Right now, without any major unexpected ‘Black Swan‘ events the outlook for Bitcoin could be quite bullish for about another year. Why do we think so? A look at the Long-Term Holder (LTH) profits and the days marked in green for high profits on our charts provide some clues. The current average SMA-30d LTH SOPR stands at 2.82. For context, back in the peak bull run of 2018, this number hit a staggering 16.54. So, there is a lot of room for growth in Bitcoin.

💎What is the view of our ParadiseTeam’s Professional Traders? Right now, Bitcoin is consolidating, hovering just below all-time highs, which shows that the market is gathering strength for possibly another big push. The long-term risk signals are low which suggests no major problem ahead for Bitcoin. Keeping all this in view, we could see Bitcoin’s price start to climb faster than you expect. So, prepare for all the bullishness coming your way.

Stay sharp, focused, patient, and disciplined Paradisers🥂

Want More and Actionable Exclusive Insights? 👉 GO PRIVATE🥂

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