by Chris Becker
Predictions are hard to make, especially about the future direction of cryptocurrencies. Bitcoin came back from almost touching $3400USD per coin overnight, but nearly $100 lower than the breakdown price I suggested last week:
JPMorgan recently upset the HODL crowd by suggesting the true value of Bitcoin resides around $2800USD, which would take it back to its pre-bubble blowout level that I think is the next downleg in this deflation:
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