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RE: If Bitcoin reverts to its long term trend... $42k by the end of this year?
Hello! I am curious that how miners was back in mid 2017 which is 19k dollars value of bitcoin. I know that all retailer had out of stock graphic cards then skyrocketing the price of it.
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That was part of it. Also the euphoria leading into the first bitcoin futures products being launched was part of it, as well as the ICO explosion which required most investors to purchase bitcoin to participate.