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Bitcoin Surge Parallels Price Movement in 2019: Analyst

Crypto

By dancarl Last updated Apr 18, 2023

In a research note to clients last week, Lunde wrote that bitcoin could reach $45,000. BTC was currently trading at about $29,440, down 2%, although it is up about 80% in 2023. The rebound follows a year of distress, in which multiple major firms declared bankruptcy, sending risk-shy investors fleeing from crypto markets.

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