Bitcoinist
2020-08-31 09:24:34

Bitcoin Expects to Hit $14K on Imminent US Dollar ‘Death Cross’

Bitcoin bulls should buckle up as the cryptocurrency prepares for a rally towards its 2019 high at near $14,000. The expectations of a $2,000-plus jump come as Bitcoin maintains an inverse correlation with the US dollar since March 2020. Back then, the greenback spiked when the COVID-19 pandemic first struck the financial markets, as investors and companies stockpiled cash to survive the health crisis. At the same time, Bitcoin crashed by more than 60 percent. […]

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