Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin

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Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. “Gold seems to be chipping away at resistance just below $1,800 while BTC is simultaneously chipping away at support just above $9,000. I expected both resistance and support to give way, with gold surging as BTC collapses.” Schiff added that he thinks BTC’s 2018 lows of $3,200 may not low in the following months. But there are prominent macro analysts that are throwing their weight behind the cryptocurrency. Why Buy Bitcoin? Top Investment Strategist Explains Prominent investment strategist Lyn Alden, the founder of Lyn Alden Investment Strategy, recently shared three reasons why she’s investing in BTC.…

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