Bitcoin UPS BTC Bitcoin

Bitcoin needs CPR and this index’s projected recovery could be it

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ambcrypto.com

Bitcoin, at one point, was considered a hedge against inflation since the value of the U.S Dollar kept declining. However, with time, the king coin’s correlation with the stock index has kept on growing.

As a result, today, Bitcoin has fallen to its lowest point in almost 20 months.The last time Bitcoin capitulated was back in March 2020.

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