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RE: Halvening Hype

in #crypto5 years ago

Yeah, I don't think it'll be a problem for the bulls at the minute. No one wants to sell, and millions of dollars worth of short positions are being liquidated week on week which is pushing the price up further.

The halving literally removes half the new supply. Meaning the demand is effectively doubled.

I think we can expect this pump n dump market cycle to last a lot longer than previous ones.

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