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As CCP is destabilizing more money will flow into cryptocurrency
It's a well known fact that there is a lot of Chinese money in cryptocurrency. With the recent Coronavirus outbreak, the CCP is destabilizing causing investors to lose faith in their country and subsequently the Chinese Yuan. As a result, to protect their capital, many are transferring their funds into crypto which will cause bullish momentum.
My prediction is that Bitcoin will either trade sideways at 10k or keep going up. There's no reason for the bullish momentum to stop, especially with money flowing in.
My prediction is that Bitcoin will either trade sideways at 10k or keep going up. There's no reason for the bullish momentum to stop, especially with money flowing in.
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