Market Research: Bitcoin Surpasses Key Bitcoin Expert's $ 33,000 But Calls For Disappointment

2021-1-3 04:02
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According to Jinshi, Bitcoin hovered near $ 30,000 for a few weeks before finally breaking that record on Saturday. Currently, the cryptocurrency is trading above $ 33,000. The weakness of the US dollar has attracted investors because of Bitcoin and other cryptocurrencies. Bitcoin could continue to attract new interest, with the Fed expecting interest rates to be closer next year. Nicholas Pelecanos, chief marketing officer for cryptocurrency firm NEM, said, "When asset values ​​rise sharply over time, I warn bitcoin traders." But I still estimate that Bitcoin could hit $ 50,000 before Valentine's Day. "" I believe that we are just the beginning of a great company. "

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Analyst: The price of Bitcoin is difficult to observe, but investors remain weak or risk in the long term.
According to the Golden Ten report, market analyst Simon Moore said, “Bitcoin is difficult to quantify. The value of assets is not determined by cash. There are pros and cons to this. that there is no clear basis for Bitcoin's profitability, there is still room for higher prices: Bitcoin, like gold, is one of the most difficult assets to value, but many traders are optimistic because of them. . "
2021-1-3 03:23