“Costs began to rally 15 months earlier than the subsequent halving (November 2022) and so they have a tendency to complete 39% from the place they traded 24 months prior. This might suggest that bitcoin trades round $63,160 (March 2022 at $45,538*(1+39%) = $63,160) by March 2024,” Thielen wrote within the newest version of Matrix on Goal word.

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