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PlanB: Bull market, pump has not arrived yet, BTC price needs to double to start
BlockBeats news, on September 16th, encryption analyst PlanB posted on social media, saying, 'The market is still sideways, with a trading range around 60k, and I can get on board again. In addition, BTC is in a bull market, but the pump has not arrived yet. Miners are still dealing with the consequences of the halving. We need BTC price to double again to start the bull market.' Prominent cryptocurrency analyst Willy Woo commented below his tweet, 'Based on the current pricing of BTC, only the latest models of mining rigs can profit after the halving. As shown in the chart, now is usually a good time to buy BTC (and mine with the latest generation of hardware).'