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back with a vengeance, bitcoin is back in a bull trend, according to Fundstrat Global Advisors Co-Founder, Thomas Lee. Bitcoin, markets, exchange, pair, last price 24 volume, p2pb2b. Thats bullish for crypto because the correlation is so high. During an interview with Bloomberg, he noted that tailwinds first bitcoin transaction have been developing for the cryptocurrency this year with the dollar not strengthening and China rallying.
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There is reason to believe that the jump we saw on 1st April was not short covering, it was real money being put to work, he added. A lot of them sold in early 2018, thats dry powder, they are starting to put that to work. He continued: Weve had evidence that the so-called whales, the original holders of crypto, are starting to accumulate again. Nigel Green Similar views were The post Fundstrat Global Advisors Thomas Lee: Bitcoin is back with a vengeance appeared first on Coin Rivet. Bitcoin prices have tanked since peaking at nearly 20,000 in late 2017, and it now trades at around 4,070. BTC/USD 5,176.90 21,994,890 itBit, bTC/USD 5,177.52 12,815,774, lakebtc, bTC/USD 5,770.41 8,638,313, livecoin, bTC/USD 5,133.14 8,000,011, gemini BTC/USD 5,180.99 5,160,432 Liquid BTC/USD 5,170.06 5,031,329 Exmo BTC/USD 5,164.58 4,720,924 show all Total / Average BTC/USD 5,198.88 342,584,509 Other fiat 4,696,513,822 Total USD 24 volume 5,039,098,331. One Brendan Blumer tweeted that bitcoin may soon make gold obsolete as a store of value. A pair of cryptocurrency and blockchain industry insiders made some bold predictions about the disruptive potential of blockchain technology in recent days. Benzinga 16 days ago, experts: Bitcoin, will Take Down Gold, Fiat Currencies.
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