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One of China’s biggest miners expects Bitcoin bull run to end in 2022 One of China’s biggest miners expects Bitcoin bull run to end in 2022

One of China’s biggest miners expects Bitcoin bull run to end in 2022

The mining industry is a very influential—even understated—element of the Bitcoin space. And one miner has a prediction to make.

One of China’s biggest miners expects Bitcoin bull run to end in 2022

Cover art/illustration via CryptoSlate

One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources.

Miner caution Wu Colin, a journalist focused exclusively on China who goes by Wu Blockchain, said in a tweet yesterday that Jiang Zhuoer, the CEO of Bitcoin mining firm BTC.TOP, cited data models to predict that June 2022 will turn “from a bull to a bear market.” Jiang Zhuoer, one of China's big miners, told WuBlockchain that according to the latest multiple model studies, the fastest will be September 2021 and the slowest June 2022 will turn from a bull to a bear market.

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