A Bitcoin price of $150,000 may be “absolutely silly low,” says a crypto trader, citing the expected widespread adoption by countries and corporations that will use it as a store of value.
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Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.”
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Bitcoin is at a critical junction; if it fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken. Some aren’t so pessimistic.
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