RATE Group | There is no ‘Consensus’ Concerning the Direction of Bitcoin Price
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There is no ‘Consensus’ Concerning the Direction of Bitcoin Price

20 May There is no ‘Consensus’ Concerning the Direction of Bitcoin Price

Posted at 13:57h in Bitcoin News by

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Eustace Cryptus · May 19, 2018 · 8:00 pm

Thomas Lee’s predicted post Consensus Bitcoin pop never happened. In fact, the market reversed and is now trading at a monthly low! As usual, investors are wondering where the market will go from here.

Market Overview

Contrary to popular expectation, Bitcoin failed to rally 69 – 130% after the Consensus conference in New York ended this week. In fact, it pulled back nearly 5% as the cryptocurrency market capitalization sank to $389 billion and it appears that the…

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