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The bitcoin price has been fluctuating to the point of absurdity over the past day, but remains at around $56K. Many are asking themselves if this is a sign that bitcoin catching on or just another pump-and-dump scheme in crypto land.
The “bitcoin worst case scenario 2021” is a prediction that the bitcoin price could drop to $1,000 in 2021.
Bitcoin has been climbing steadily since the beginning of the year, and it’s now at a price point that is quite a bit higher than it was before. This is because there are still whales in the market who are buying up bitcoin in order to get more coins before the next big bull run happens. Reference: bitcoin price prediction.
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