New Optimistic Buyers Flock To Bitcoin

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Holders who have accumulated bitcoin over the past six months aren’t liquidating their positions despite unrealized losses, suggesting conviction in the asset.This is an opinion editorial by Mike Ermolaev, head of public relations at the ChangeNOW exchange and a contributor for Bitcoin Magazine.A much-awaited recovery rally has occurred for bitcoin prices after a month of consolidation around $20,000. Interestingly, this coincides with the previous cycle peak in 2017.Short-term momentum remain ...

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