Thursday, March 28, 2024
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Bitcoin Could Get Stuck in $8k-20k Range Endlessly: Bloomberg Analyst |

Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence.The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading

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