Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader.
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Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader.
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On Sunday, Nov. 17, bitcoin is holding steady above $90,000, a figure that it has flirted with multiple times since Nov. 12. The leading cryptocurrency, however, remains in the price discovery phase, having occupied this range for just 0.0691% of its entire existence. Price Discovery in Action: Bitcoin’s Dance Around $90,000 Five days ago, bitcoin […]
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Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report.
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Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added, noting that we’re in price discovery mode and if you look […]
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