This Industry CEO Hasn’t Been This Bullish on Bitcoin Since 2016

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Bitcoin’s price action has weak over the past few weeks due to a confluence of technical and fundamental trends. On the fundamentals, BitMEX was charged by the U.S. CFTC, KuCoin was hacked, and President Trump paused stimulus. Bitcoin currently trades at $10,600 as of this article’s writing, far below the $12,500 year-to-date highs. BTC could soon surge exponentially higher, Civic chief executive Vinny Lingham recently said. Lingham has been a long-time investor and executive int he industry. He is among many saying that the fundamentals of Bitcoin are more bullish than ever before. Others say that BTC may be the only viable investment in the current macroeconomic environment due to vast uncertainty. Civic CEO Is Extremely Bullish on Bitcoin; $30,000-50,000 Possible In Next Year Bitcoin has undergone a strong correction in recent weeks from its $12,500 year-to-date high set just five weeks ago. The coin now trades at $10,600 as…

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