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Why expert describe bitcoin as "dead cat bounce"
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[QUOTE="Lens1000, post: 118278, member: 37726"] The price of bitcoin as continue to hova around $40,000 with some price analyst describing it as a "dead cat bounce" Market experts appear divided over whether the bounce back was part of a longer term bull market trend that will see bitcoin hit new record highs in 2021, or whether it is simply following the same pattern seen after the 2017 price peaks. The president of Tanzania has shown interest in adopting bitcoin as legal tender, Tunisia’s finance minister wants to decriminalise cryptocurrency and this is a laudable gesture There has been plenty of good news in the crypto space in recent days, which has contributed to positive forecasts and price predictions in the region of $250,000 in 2022 Do you think this predicted figure is achievable? [/QUOTE]
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Why expert describe bitcoin as "dead cat bounce"
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