Bitcoin will continue to trade sideways, stocks may only bottom in 2031 - Patrick Karim

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PatrickKarim Bitcoin Cryptocurrencies Bitcoin will continue to trade sideways, stocks may only bottom in 2031 - Patrick Karim

- The next few years could be a"sideways grind" for Bitcoin as it continues to remain flat, said Patrick Karim, Co-Founder of NorthstarBadcharts.com, who spoke with David Lin, Anchor and Producer at Kitco News.

Karim, a technical analyst, added that it could take about a decade for stock markets to experience a bottom, and that investors are in for a long-term bear market. "When I hear that, it's total nonsense at this stage," he said."[The analysts] are not playing the probabilities… At least put it on a chart and give me some objective evidence that it is possible."

 

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