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Bitcoin: Bracing itself for a 'crypto winter' before reaching $100K by 2025/2026
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Clem Chambers Chief Executive Officer of ADVFN joins Proactive London's Katie Pilbeam to talk about what he is predicting - a 'Crypto Winter'.
After dipping below $40,000 dollars on Monday fears are now swirling that Bitcoin could be in for a long, bleak season, following seven straight days of losses, marking the longest losing streak since August 2019 and the worst start to a year since 2012
Chambers says BTC is not an inflation hedge in the current market and even if BTC tanks to $10,000, it’s still going to hit $100,000 come 2025/2026.
After dipping below $40,000 dollars on Monday fears are now swirling that Bitcoin could be in for a long, bleak season, following seven straight days of losses, marking the longest losing streak since August 2019 and the worst start to a year since 2012
Chambers says BTC is not an inflation hedge in the current market and even if BTC tanks to $10,000, it’s still going to hit $100,000 come 2025/2026.
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