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19 September 2021

Why This Investor Fled His Bitcoin Position, Should You Do The Same?

Why This Investor Fled His Bitcoin Position, Should You Do The Same?


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In addition, there was a sentiment of “disbelief” in the market that the rally that took Bitcoin into those levels was unable to “fail”.

In that sense, investor Alex Wice took to Twitter to announced that he has “exited” his Bitcoin position.

Wice believe the outlook in the market has changed with the recent crash.

In that sense, Bitcoin follow two scenarios, more “crab like” price action in the coming days, as it did during May, and June, or a straight dropped most likely back into the $30,000 levels.

Analyst Ben Lilly has found a correlation with the recent price action to the downside and a cool off in the non-fungible tokens (NFT) sector?

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