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Bitcoin has experienced significant growth, trading at $62,800, which marks a 55% increase year-to-date (YTD) and a 100% rise over the past year. Despite this, market sentiment remains subdued, with many investors showing concern over recent sideways trading action. Experts emphasize the importance of emotional control and patience, noting that the bull market is not over and that the most significant gains typically occur around 12 months post-halving. Bitcoin's price started the year at around $40,000, and its current trajectory suggests potential future highs of $87,000 and $140,000. Bitcoin is also up 40% YTD, as discussed on SquawkCNBC, with the turbo bull run expected post-halving.
Bitcoin was around 40,000 at the start of the year Any asset that goes up 50% in less than 6 months would normally have people ecstatic Stop freaking out. The turbo bull run usually isn't until ~12 months post-halving
Bitcoin was around 40,000 at the start of the year Any that goes up 50% in less than 6 months would normally have people ecstatic Stop freaking out. The turbo bull run usually isn't until ~12 months post-halving
Bitcoin is up ~55% YTD If you are panicking from the sideways action in the last 3 months, you need to zoom out https://t.co/5WkRWswTlW
