"Bitcoin Has A Beautiful Pattern Right Now" | Mark Yusko

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At the time of writing, Bitcoin is trading for $26,849.14, up just 0.3% in the past 24 hours, but still down 7% in the past week. Concerns of the US Government selling their Bitcoin has the price action declining. Bitcoin struggled to break the $30,500 level in the past month but despite this, when you zoom out, Bitcoin looks very stable, according to Investor Mark Yusko. In an interview with Blockworks, Yusko gave his take on the current Bitcoin price and the coming recession. Actually, Yusko believes we are already in a recession but the powers-that-be just haven’t acknowledged it yet due to their lagging indicators. Yusko has called for the Bitcoin summer to come, and though it doesn’t seem to be here quite yet, he still believes we are heading toward a bull market despite all the other bearish sentiment in other markets.
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► To watch the full interview:
https://www.youtube.com/watch?v=e5Tcw9vSxqI

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Bitcoin
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