“Looking ahead, Bitcoin could test $10,000-$12,000 as BTC miner bankruptcies increase due to the drop in Bitcoin value and increasing electricity costs,” VanEck predicts.
The investment firm believes that many miners of the king crypto (BTC) will be forced to restructure or merge in order to find capital during difficult times. As Siegel explained, the Bitcoin mining industry is in a tremendous stress situation.
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TimeStamps: (Check back later)
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3PpKWKm
✔ SBF Denied Bail: https://bit.ly/3BzXWr8
✔ Tether (USDT) Vs. FUD: https://bit.ly/3We9Lv0
✔ Imminent Macro Events: https://bit.ly/3j0FrFR
✔ CFTC Declares Ethereum (ETH) Commodity: https://bit.ly/3W80ogq
✔ VanEck $10K Bitcoin Prediction: https://bit.ly/3YfDTb8
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
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