Bitcoin could witness a 25%-30% sell-off in 2021
The world’s dominant cryptocurrency witnessed substantial gains during 2020. Analysts say that the Bitcoin record rally could hit a wall in 2021. According to chief markets strategist at Miller Tabak, Matt Maley, signs in the cryptocurrency’s technical chart point to a 25%-30% sell-off that’s expected to hit early in 2021. On Thursday, Bitcoin broke above the $23,000 …
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