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fxpremiere
Feb 20, 2021 1:40 PM

Bitcoin could be heading to 100k  Long

Bitcoin / DollarBitfinex

Description

It appears that Bitcoin is being used to hedge vs the US Dollar crashing.

$84,000 is certain in sight and who knows it could get to $100,000 sooner than anyone might of thought

I still think that BTC is too volatile for my liking and therefore I've stayed out. I've been happy to avoid FOMO.

I think that many will profit from a possible further charge north. But there is also still a risk that it BTC could reverse significantly.

Comment: For anybody trading an inherently very volatile instrument like BTC (and others such as exotic currency pairs), the big issue is loss control.
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