Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
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On the longer outlook, though, the past three halvings were followed by an exponential move higher for bitcoin’s price about 50-100 days after the event, crypto hedge fund QCP Capital pointed out in a Monday market update. “If this pattern is repeated this time, BTC bulls still have a few weeks to build a larger long position,” the report said.
