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Tuesday

22 September 2020

Bitcoin Gets Small Boost from Ledger X Futures | Live Bitcoin News

Bitcoin Gets Small Boost from Ledger X Futures | Live Bitcoin News


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At this rate, granted bitcoin can keep up this level of momentum, we’re likely to see bitcoin at $12,000 again by the end of the month.

Granted this is broken down or bitcoin cannot withstand its present speed and energy, we could potentially see the currency’s price fall back into the low $9,000 range, meaning it would lose all its gains since June.

Of course, the expiration of bitcoin futures contracts can potentially put the currency in short-term danger, as the expiration of contracts can often lead to price dips, though at this point, it seems like the main danger bitcoin is facing is not diminishing futures but rather a resistance level that has proven to be too rough for the world’s number one cryptocurrency

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