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Why the Recent Bitcoin Crash Won't Stop It from Hitting $100,000

For most, it's hard to believe Bitcoin dropped $10,000 in 24 hours from Sunday into Monday. But that's how this works. Bitcoin's volatility is a feature, not a bug. It's designed to transfer money from weak hands to strong ones. The $10,000 drop makes for great headlines, but there is absolutely nothing abnormal about this 24% Bitcoin crash. The reality is, this is a mild correction by Bitcoin standards and actually sets the world's first global decentralized cryptocurrency up for a more sustainable rise. Here's why... Tags: cryptocurrencies The post Why the Recent Bitcoin Crash Won't Stop It from Hitting $100,000 appeared first on Money Morning - We Make Investing Profitable .
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