Adam Back, a Bitcoin OG and cypherpunk, provided a bullish outlook, stating, “$100k by halving day. People starting to believe. Bears, leveraged shorts rekt, scared-off, profit take limit orders moved upwards or just deleted to wait-and-see; OTC desks out of coins, daily $500m / 10k BTC ETF buy walls. This can gap upwards fast. 51 days to go [until Halving].”

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