Bitcoin has bottomed out and will never go below $6,000, asserts Tuur Demeester. The Adamant Capital founder said institutional involvement in the Bitcoin space attests to further price growth. He also made a bold prediction about Bitcoin hitting $50,000-$100,000 due to hyperinflation. Bitcoin continues to show impressive price trends amidst a coronavirus-induced gloomy macroeconomic outlook. The cryptocurrency’s price has ballooned by circa 150 percent after bottoming out near $3,800 on March 13, 2020. Meanwhile, analysts […]
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