Perhaps, nothing at all.. By definition, an effective currency is two things: (a) a medium of exchange; and (b) a store of value. The US dollar, for all its failings, remains the best example of a currency on the planet. First, it is accepted universally as payment for goods and services or is easily exchanged […]
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2021 is indeed an amazing year for Bitcoin and the entire crypto space as it experienced a good bull run coupled with remarkable success of making Bitcoin a legal tender in countries like El-Salvador. As the year runs to an end, institutional investors, retail investors, and traders are curious to know where Bitcoin is heading, especially with its steady downtrends from the middle of November till now.
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A lot of traders and investors have been panicking as they see that the crypto market has turned to the red sea due to the dip.
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Just like we predicted last week, Bitcoin dangled around $57k between December 1st and 3rd – thus giving the majority of traders the confidence that the market will still be floating for the time being.
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