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Tag Archives: Jason Lau

Analysts: $20,000 Shouldn’t Be a Problem for Bitcoin

Bitcoin has stumbled over the past 24 hours, falling back below the $16,000 line. At the time of writing, the currency is selling for just over $15,800, about $500 less than where it stood in its recent prime.Bitcoin Has Backed Off a BitAnd yet, analysts don’t seem bothered by this. In fact, they claim that the currency is likely to encounter “minimal resistance” as it continues to reach towards $20,000. This is the sentiment of industry experts such as Jason Lau, the chief operating officer...

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