Is a Bitcoin Sell-Off Imminent? History Suggests a Very Clear Answer.
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The world's largest cryptocurrency is Bitcoin, (CRYPTO: BTC) with a market valuation of nearly $1.9 trillion. And as of this writing, the price per Bitcoin isn't far from $100,000 -- it's a value that many didn't think was possible, especially just a couple of years ago.Then again, other investors predicted a price of $100,000 for Bitcoin a long time ago. In short, Bitcoin is a polarizing subject. Many smart people maintain that the cryptocurrency will eventually become worthless. On the other side of the debate is MicroStrategy found and executive chairman, Michael Saylor, who believes Bitcoin will be worth a stunning $13 million per coin by 2045.So, is a Bitcoin sell-off imminent or is it on its way to more life-changing gains? Well, this cryptocurrency has followed a very predictable pattern during the past decade. And this historical pattern suggests what's in store for 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool