Bitcoin heading to 36K, analysis says amid warning global stocks 'look expensive'

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Bearish takes on macro markets abound as Bitcoin heads toward $38,000.

showed BTC/USD hitting its lowest levels in over a week Sunday after volatility returned overnight.

Despite the"out of hours" trading environment, the trend was clearly down for the largest cryptocurrency, as the mood on global equities wobbled among analysts. Should a bigger TradFi correction set in, an already shaky crypto market could fare just as badly, some argue — at least to begin with.

 

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Very unlikely

It seems unlikely that bitcoin will reach the $100,000 mark this year

Time to spend my usdt on the dips..

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Oh much more than 36k 😏

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Inflation should be a motivation for buy Bitcoin not to selling it. The Bitcoin's scarcity property is designed to defeat that.

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That's the reason why I was saving my USDT. The best price isn't even come yet

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SalinasNovel

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