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As the price of Bitcoin, the leading cryptocurrency (virtual currency), recovers quickly, positive forecasts are pouring out among experts. insisting on
Recently, the price of Bitcoin has been fluctuating between $47,000 and $48,000.
Anthony Trenchev, co-founder of Nexo, said, “Bitcoin has finally broken through the upper box of $45,000 after five attempts this year. .
“The time has come for Bitcoin to break out of the sideways trend that has continued throughout the year,” he said.
Matt Marley Miller, Chief Analyst at Tabac, also said, “Bitcoin has recently broken through resistance and is trading at the $46,000 level.
The US Bloomberg News reported that “Bitcoin’s break above $45,000 could be a catalyst for more profits.”
Bespoke Investment Group analyzed that “Bitcoin is currently in the over-buying stage, and has risen significantly within 1 to 12 months on average after over-buying over the past five years.”
- reporter information
- Han Young-hoon
- han@ajunews.com
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