Tuesday, May 7, 2024
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Bitcoin and Ethereum”Incredibly Oversold” States Bloomberg Analyst: Forbes

TLDR: Bloomberg Intelligence senior commodity strategist Mike McGlone stated that Bitcoin trades at a substantial discount.McGlone highlights several observations when making his case, such as technical analysis focusing on key indicators such as the 100-week moving average.McGlone stressed the Federal Reserve’s critical role in the price of equities and cryptocurrencies.Bitcoin is

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