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Chinese grandmothers, professional gamblers, and speculators of all sorts, want a share of Bitcoin action but are many of them too late? According to this Bloomberg article we can expect turbulence ahead.
Source: Bitcoin Is Having a Civil War Right as It Enters a Critical Month – Bloomberg
These are dangerous times for amateurs. The professionals will probably clean up, unloading their stock on the peaks and taking their profits, ready to move on to the next bubble.
Thoughts?
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