Bitcoin Could Touch $300,000, Says BTC China's Lee

Bitcoin Could Touch $300,000, Says BTC China's Lee

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The video discusses the cyclical nature of Bitcoin's bull markets, which occur every four years, coinciding with block halvings. Despite a recent price correction from an all-time high of $63,000, the speaker remains optimistic about future price increases, predicting a potential peak of $300,000 by year-end. However, a subsequent bear market is expected, with prices possibly falling to $30,000. The speaker emphasizes the long-term potential for another bull market by 2025, possibly reaching $1,000,000.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What could be the potential peak price of Bitcoin mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker predict for the market after the peak?

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