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BTC/USD Forecast: Bitcoin Continues to See Buyers
Bitcoin has broken above the crucial $52,000 level during the trading session on Thursday as we continue to see buyers jump into this market. • That being said, this is also a market that is far too overextended to continue this type of momentum. • After all, from the recent pullback we have seen a gain of over 30%, and while you can justify some of that due to the ETF now being available, the reality is that sooner or later the market will need to take some type of pullback. chart You certainly cannot sell bitcoin, but institutions do have the ability to move the markets quite drastically at this point. You ... (full story)