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CNBC’s MacKenzie Sigalos reports on trends in bitcoin.

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25 thoughts on “Why bitcoin is lingering around $70,000

  1. She has zero cue, providing false information. She does not understand the difficulty level adjustment, she doesnt understand that the retail holders far exceed the institutional holders, and retail knows bitcoin better than institutional buyers. She is not qualified to be speaking about bitcoin.

  2. Bitcoin, currently a promising investment for the future, and with its recent surge in value and growing stability, offers attractive returns. However, a lack of understanding often deters potential investors. I just made my first $100,000 in crypto trading and I barely know how to express how happy and excited I am right now. Its all about knowing what strategy to apply and when.

  3. Thank you for your videos… The cryptocurrency market has been highly volatile lately, but instead of focusing solely on price swings, it's crucial to educate newcomers on strategies beyond simply holding through dips. Active trading during market fluctuations offers the potential for substantial profits while waiting for price rebounds. Many still lack a deep understanding of how the market operates, and it's important to recognize that no chart can predict movements with certainty. Grew a Portfolio of around 87k to a decent $1M+ in the space of a few months. Thanks again Kaelin Shorvine, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

  4. Bitcoin is the most BS asset that ever existed. The first reason is that it has a limited number of bitcoins, which is very stupid. It can be used as a medium to circulate funds, mostly illegal, but this is it. I should write a technical white paper stating why crypto currency is a BS.

  5. The market is straight up killing me 😩. Every time I try to catch the bounce, I get slapped across the face with red candles 🤦‍♂. I don't need another basic guide, I need someone who’s trading live right now and showing me what I’m doing wrong.

  6. Bitcoin is entering a major reset phase.
    The price is expected to fall into the $30,000–$35,000 range, a level that reflects BTC’s true fundamental value.
    Following this reset, the crypto market will gradually regain momentum. A strong recovery is possible—but it will require time, patience, and at least two years to unfold.
    What should investors do now?
    Capital preservation becomes the priority. Assets should be reallocated into hard commodities such as gold, silver, and copper to weather the coming cycle and protect long-term value.

  7. You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life

  8. In 2010 the anonymous developers behind bitcoin made a coding mistake and their bug created 184 billion bitcoins in 3 wallet adresses. Nobody talks about the continuous new code written for bitcoin by the decentralised unregulated group of unidentified individuals around the world?! Its a serious financial risk to consider if you put money in BTC.

  9. Trump has made alot of promises in this space, and the only people who seem to be in extreme profits are him and his family, he's been the absolute worst thing for the crypto community… 2 trillion in value gone since he has become president……..
    Hard to believe under Biden and Gensler the market saw all time highs, under Trump we are headed for all time lows, incredible…

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