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Earlier this month, Mow predicted that the world’s leading cryptocurrency was going to reach $1 million next year. Later, in an interview, however, he added that even if it does not happen this year or in next one, this historic price peak will be taken by BTC very soon.Mow, has reposted a tweet about an X user urging BTC to skyrocket to $1 million. The BTC maximalist added his comment to that tweet, writing: “$1M gang.
Aside from that, Mow many times underscored that this year the fourth Bitcoin halving was going to take place and it finally did in the second half of April. Once block rewards were reduced by half down to 3.125 BTC, the ETFs continue absorbing Bitcoin from the market, thus, as Mow put it, creating a demand shock. In the meantime, he also pointed out that the halving in April created a Bitcoin supply shock. According to his theory, once these two “Bitcoin shocks” meet, BTC will go to the moon.
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Source: Utoday_en - 🏆 295. / 63 Read more »