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$1,100,000 Bitcoin AHEAD! Why Bitcoin Is About To 20x - Chamath Palihapitiya
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Billionaire Chamath Palihapitiya is a pioneer when it comes to Bitcoin.
He started investing when Bitcoin was priced at just $80 per coin and claims that at one point, he owned over 5% of the entire supply.
In the latest episode of the All-In Podcast, Chamath provided an analysis of Bitcoin's price movement following halving events. He highlighted a crucial chart that every crypto investor should be aware of.
By examining previous market cycles, it becomes apparent that 1-3 months after a halving, prices tend to remain relatively stable. However, 12-18 months later, significant upward movements typically occur.
Based on the average of the last two cycles, Chamath and his team predict that Bitcoin could reach $1.1 million by October 2025.
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