Bitcoin Will Retrace Above $32000 in Rebellion Against the US Dollar (NYSEARCA:BTC)


investment thesis

The US dollar is facing challenges from de-dollarization, the debt crunch, a possible economic recession, and the rise of cryptocurrencies such as bitcoin (BTC-USD). Against this background, the popularity of bitcoin has grown. After ending the first quarter on a strong note, it is entering a consolidation phase and will have a chance to get back above $32000.

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