Bitcoin has no inherent production value; its price is driven by market sentiment and manipulation, unlike the stock market. Sell it when market is hot, buy it when market cool down😀. & don't trust meme, I burned my hand🤣

# BTC Rebounds: Possible to Hit $120,000 in 2024?

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  • Reglloyd
    ·11-19
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    Production value of 1 Bitcoin is currently sitting at +/- $13000 based on your kWh electricity rate & then let’s not forget the equipment & facility your equipment is in & the rental associated to mining Bitcoin. Bitcoin is the new Gold Rush & possibly the only asset class that preserves wealth over time even though it is still very volatile, but see the dips as opportunities of buying more at a better price.
    Why would you sell your Bitcoin if you know it’s going to $13 Million a coin or to $45 Million a coin if you’re extremely bullish ?
    I will not be selling.
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