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After spending quite a while within the regression band, Bitcoin has come up above it for a breath of fresh air. Now that we are above the ocean, is the sky the limit? We take a look at some possibilities for Bitcoin over the next few weeks/months and identify what “business as usual” would be, and what a speculative bubble would be. We also identify the instantaneous price range for the upper logarithmic regression band of Bitcoin. Where do you think Bitcoin is headed for the remainder of the year? Let me know in the comments below!
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