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After hitting a new all-time high of nearly $70,000 on Nov. 9, Bitcoin and the entire Crypto market has steadily drifted into the red as BTC bulls await the next piece of major news to drive the Bitcoin price back up.
Major Bitcoin innovator and blockchain miner, Blockstream, says it’s only a matter of time before the BTC price hits $1 million, according to their Chief Strategy Officer Samson Mow:
“If Bitcoin at the 5-year mark reaches $1 million, which I think it will, they will sell Bitcoin in 2 quarters and recoup that $500 million dollars. In three and a half quarters, they will have enough to pay back the entire bond. I think that’s pretty good.”
In other trending Bitcoin News today: Rams player Odell Beckham Jr. will accept NFL salary in Bitcoin!
Odell Beckham Jr., wide receiver for the Los Angeles Rams football team, has said he will be taking all of his $4.25 million National Football League salary in Bitcoin.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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