I remain unconvinced by Bitcoin's upward trend. Its failure to stabilize above its last all-time high indicates weak market liquidity. Talk of reaching crazy heights like $100K seems unrealistic. Governments, including the U.S. and Germany, are offloading Bitcoin. Additionally, ETFs are controlling Bitcoin's price, which undermines its primary objective.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.