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Bearish predictions about the first cryptocurrency falling to the $40,000 level have no basis other than spontaneous fear, according to JAN3 CEO Samson Mow.
"Other than spontaneous fear, bears have no grounds to say that Bitcoin will fall to $0.04 million. Bitcoin could just as easily reach $0.1 million. And this is supported by: brrr, +$3 billion debt per day, strategic Bitcoin reserves, pension allocations, and corporate purchases," he wrote.
According to the expert, fear can drive the market, but it never lasts long. 0 reply
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