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September 18, 2020
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Bitcoin’s 17-year virtual currency bubble crossing “possible” pointed out by Bloomberg

Will it be 20K this year? The leading paper, Bloomberg, has released the latest report on Bitcoin. He introduced that the bitcoin market could turn bullish this year and set a new high. The report argues that there is room to break through the 2017 bubble high of about $20,000 and reach $280,000 after analyzing multiple factors and making a comprehensive judgment. Focusing on GBTC Bloomberg is paying attention to the Bitcoin investment trust “GBTC” provided by the US major virtual currency fund Grayscale, and 25% of newly issued bitcoins based on past data can be used only by the investment trust Being purchased…

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