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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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Bitcoin gets 'less risky the higher it goes': Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021

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Bitcoin gets less risky the higher it goes : Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021
Bitcoin gets less risky the higher it goes : Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021
Emily GraffeoJan 10, 2021, 20:22 IST
Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal/Getty Images
Legendary investor
Bill Millertold CNBC on Friday he sees bitcoin surging 100% in 2021 as more investors add the coin to their portfolios as a hedge against inflation.
One of the things that s interesting about Bitcoin is that it gets less risky the higher it goes, and that s the opposite of what happens with most stocks, the Miller Value Partners founder said. ....

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