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Bitcoin Price to Rise Again Soon, Angel Investors Say

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Thu, 26/09/2019 - 8:29
Bitcoin Price to Rise Again Soon, Angel Investors Say
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On Tuesday, Bitcoin quotes suddenly dropped, losing about 13 percent - $9,800 to approximately $8,500 and then kept going down. At press time, the biggest cryptocurrency is trading at $8,376, showing a mild growth.

Bitcoin Price 09/26/19
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However, angel investors with Anthony Pompliano among them, remain bullish on BTC, offering the community their view of the situation.

Ignore Bitcoin critics, Pompliano says

The co-founder of Morgan Creek Digital reminds the community that this is not the first time Bitcoin price has seen a flash-crash. Every time BTC faced this, it then took new all-time highs. ‘Pomp’ just advises to ignore Bitcoin critics.

A crypto angel investor that goes by a Twitter nickname @CryptoWelson says a similar thing. Besides, he believes that in October this year, Bitcoin is likely to hit another all-time high.

Related

More good news about BTC

As U.Today reported on Wednesday, another crypto expert offered several reasons why Bitcoin price is going to surge again soon. 

Those were – the release of Bitcoin futures on Bakkt, Boerse Stuttgart Digital Exchange (BSDEX) launching Bitcoin trading and SoFi adding an option of trading BTC, ETH and LTC.

Other two bullish factors is that the Bitcoin hashrate has recovered and that as per statistics, at the moment the Bitcoin network has reached an all-time high with its transaction volume.

When it comes to everyday use, the price of Bitcoin does not seem that much relevant, some say.

Reps of decentralized platform gob.com have stated that regardless of the price Bitcoin is still a means of exchange that can be used for payments without permission of banks and that is priceless.

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