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Why Bitcoin May Not Reach $100,000: A Sober Perspective from the Founder of Open Oil Market
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Bitcoin's high volatility creates fertile ground for manipulation. Major players, known as "whales," can impact the market, triggering sharp price fluctuations. This raises concerns that the excitement surrounding a potential increase in Bitcoin could turn into a "bubble," which may eventually burst. Sudden corrections could lead to losses for novice investors who were only anticipating growth, thus hindering sustainable upward movement.
3. Economic Uncertainties and Investor Preferences
The global economy ...