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Bitcoin price prediction: Why it will drop to $25k then rally to $100k

Strategic Wealth Partners' Luke Lloyd told Insider he sees a massive correction ahead for bitcoin.
Lloyd said regulation fears will be the catalyst for a fall all the way to $24,000.
But he said he thinks its price will recover and surge to $100,000 by the end of the year.
Luke Lloyd is an outspoken bitcoin bull when it comes to his long-term outlook.
So it might have come as head-scratching news to some when the investment strategist and wealth advisor at Strategic Wealth Partners said on Fox Business' Varney & Co. that he'd cashed out of the cryptocurrency when it hit $40,000 for the first time in January.

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