Veteran crypto trader and analyst @olvelez007 took to X on November 23, issuing an optimistic long-term price forecast for Bitcoin (BTC). Specifically, the analyst urges investors, and more so retail investors, to accumulate more BTC while the coin is still affordable.
Based on historical performance, @olvelez007 said Bitcoin is poised for another magnitude leap in valuation that could take the coin to a new level, unreachable for ordinary folks.
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On X, the analyst said Bitcoin supporters should “stop slacking,” admonishing any traders yet to reach the elusive full Bitcoin status. “In a very short period of time, the possibility of getting to a full Bitcoin will completely disappear for 99.99% of people,” @olvelez007 warned, citing the expected level of adoption in the coming months.
Notably, the trader pointed to Bitcoin’s history of roughly adding another digit as a psychological ceiling every four years, clearly detailing
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