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Bitcoin price cracks $21K as trader says BTC buy now 'very compelling'

Published 09/09/2022, 10:13 AM
Updated 09/09/2022, 07:00 PM
Bitcoin price cracks $21K as trader says BTC buy now 'very compelling'

Bitcoin (BTC) circled $21,000 at the Sep. 9 Wall Street open as newly-won gains endured. Meanwhile, the total cryptocurrency market capitalization has crossed back above the $1 billion mark.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as its “short squeeze” punished late bears.

U.S. dollar index (DXY) 1-hour candle chart. Source: TradingView

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Latest comments

So Cointelegraph spends 99% of their time trash Talking bitcoin with “the end is near” bear articles and ONE trader they actually Know says “looks like a Buy” and they actually write a story Aboiit it? 😂PFFT it broke 21k last week. It has a LONG way to go before calling a long.
Bitcoin is a lie, the blockchain is a great techno, but crypto are growing on some lies : - Quantities are limited, divide 1 BTC by 100 million ! so 21 million x 100 million = 21 x10^20 unit (limited ? yes, but it's so much more than USD with around 40 x 10^14 cents in the world) - Faster? wrong, try to send 100$ to your daughter, you will prefer #revolut, don't believe me, try it, and same for the cost... - Anonymous, wrong try to buy crypto on legit way, KYC is on all platforms, try to use BTC, you will have to proof your id, it's ano only between wallets... - More secure? Yes so much more makes many poeple lost their wallets, nobody can loose his bank account - Give the power to "everybody" instead of governments? Wrong, it give the power to the powerful institution so : government and worth - big companies - do you really think the companies will try to take care so much about populations ?
Digital gold! US Dollar won't hold forever with debt growing and showing no sign of slowing.
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