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What the recent bitcoin crash means for the future of cryptocurrency. This virtual form of money has existed for over 10 years in the market and more and more people are getting attracted. Derivatives will remain an integral part of bitcoin's future, but the current rally is dominated by spot trading as accumulation might be the new favored activity in town. Very few use or accept it because … for one thing, very few use or accept it. Bitcoin had had a quiet few years since its bubble burst in 2018. What are cryptocurrencies up to in 2021? Here's what's in store for the rest of 2021. What does cryptocurrency's past tell us about cryptocurrency's future?
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As the news broke, the price of bitcoin.
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Bitcoin (btc) is the world's first, most famous and most valuable cryptocurrency. Citi analysts predict the price of bitcoin at the level of $300,000 at the end of 2021. My personal view is that bitcoin will reach $50,000 in 2021. However, recent reports suggest that will finally launch in 2021. Look for at least one major u.s.
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I expect bitcoin to follow its historical price patterns but behave in while it has matured since then and the underlying fundamentals are much stronger today, we may experience multiple sharp selloffs in the future.
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