In a posted on the 24th of January, PlanB said:
Bitcoinist that PlanB’s bullish analogy and prediction on BTC is based on the increasing demand for the king coin as its production rate slows down.
Several analysts believe that Bitcoin has rallied more than its worth, which may lead to a reversal. The analysts’ concern is due to Bitcoin’s significant uptrend following its mid-march crisis. Earlier this year, the king coin climbed over 1,000%, reaching a new high.
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