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#CryptoObserversq 📈 In November, Bitcoin grew by about 40%, but this is only the first month of 'crazy' returns in the current cycle. This opinion was presented by the founder of Capriole Fund, Charles Edwards. Typically, the number of months of rapid growth in a bull market ranges from four to seven, so 'crazy opportunities' will open up in the near future, the expert added.
👨🏻💻Trader Daan Crypto Trades holds a similar position. He believes that BTC has entered a price discovery phase for the current cycle. In 2017, the indicator grew by +1600%. In 2021, it grew by +245%. Even if we achieve half of the last plan, the price will still be around $150,000.
📊The balances of major exchanges are rapidly decreasing to historic lows, and long-term holders of the first cryptocurrency are not rushing to sell it on the market, exacerbating the supply shortage, noted Markus Thilen, founder and CEO of 10x Research.
🤔Ledn's Investment Director John Glover admitted that a deeper correction is still possible. An alternative scenario is an impulse to $125000.#BTC