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- π BREAKING - Reached 10,000 Subscribers - Rebranding
π BREAKING - Reached 10,000 Subscribers - Rebranding
Crypto For Professionals
Rebranding:
BREAKING: As we have reached 10,000 subscribers, DeFi Research / DeFi On Target is rebranding into β10x Researchβ - a professional crypto research service.
This email group will still receive valuable and timely updates about our views, and we will also offer a research service targeted at traders, hedge funds, asset and wealth managers, etc. Crypto for Professionals will include weekly reports, timely trading signal analytics, flash updates, etc.
Some of our analysis:
π 1) Oct β22: Bitcoin Rally to $63K Ahead of Next Mining Halving
π 2) Feb β23: Bitcoin Price Could Reach $45K by Christmas
π 3) Mar β23: Bitcoin Is Benefiting From Cryptoβs Flight to Quality
π 4) Jul β23: Bitcoin Could Rally to $125K by End-2024
π 5) Sep β23: Bitcoin Miners Could be the Ultimate Bet for 2024
π 6) Nov β23: Bitcoin Could Reach $45K by Year-End
Some brief points:
π 1) During Bitcoin's halving years, we have seen rallies of +186% (2012), +126% (2016), and +297% (2020).
π 2) 2014 down, followed by three up, 2018 down, followed by three up, 2022 downβ¦
π 3) Each of the four crypto bull markets (2011, 2013, 2017, and 2021) was associated with a novel way to acquire Bitcoins. A Bitcoin Spot ETF fits this pattern.
π 4) On average, Bitcoin has returned +12% over the last eight years during December.
π 5) Four factors drive the Bitcoin price at this point: 1) expectations that the SEC would approve a spot Bitcoin ETF, 2) increased demand for leveraged positions, 3) fiat inflows through stablecoins, and 4) improved fee generation through the Bitcoin network.
π 6) From the time the Bitcoin Futures launch was announced until they started trading, Bitcoin prices increased by +180% in less than two months.
π 7) In 2018, the Fed hiked interest rates aggressively, and when they paused in January 2019, Bitcoin prices exploded by 300%.