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Bitcoin investors should be more aware of its history of bubbles and price crashes, a crypto entrepreneur explains


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Bitcoin investors should be more aware of its history of bubbles and price crashes, a crypto entrepreneur explains
Bitcoin investors should be more aware of its history of bubbles and price crashes, a crypto entrepreneur explains
Harry RobertsonApr 4, 2021, 14:54 IST
Bobby Lee said the history of bitcoin was one of bubbles bursting and growing againDado Ruvic/Reuters
Bitcoin investors need to be more aware of the asset s history of big booms and busts,
Bobby Lee said.
Yet Lee said he is optimistic about bitcoin long-term, seeing it as an inflationary hedge.
Bitcoin investors should be more aware of the asset s volatile history of bubbles and dramatic price crashes, crypto exchange founder Bobby Lee has said. ....

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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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