Bitcoin became increasingly correlated with equities toward the end of the 4Q of last year, and fell when faced with the prospect of central bank tightening, FSInsight said in a note entitled “Digital Assets in a Post-Cycle World.”
However, bitcoin is still king, Farrell wrote, adding that the crypto could reach $200,000 in the second half of the year, following a choppy start to 2022.
fs_insight willcanny99 Not so sure about that… 🤣🤷🏻♂️
fs_insight willcanny99 How can bitcoin make $200,000 with no backing and hackers stealing crypto so easily?
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