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Bloomberg crypto analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out.
“Bitcoin is a wild card that’s more ripe to outperform when stocks bottom, but transitioning to be more like gold and bonds.”
Meanwhile, separate observations from monitoring resource Whalemap focused on a potential sale of 5,000 BTC, which had previously stayed dormant since Christmas 2013.
“Someone cashed out 5000BTC yesterday making a whopping a $95,000,000 profit.
Original price of acquisition was $698 for him which is a 2800% increase from current price.”
Show Notes / News Resources:
✔ Bitcoin Technical Analysis:
✔ BTC Is a Wild Card Says Bloomberg:
✔ Ethereum can Decouple Post Merge:
✔ Bitcoin Now Time to Flip Bullish:
✔ BTC $95 Million Come Up:
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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