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RE: 3 Reasons for Bitcoin Optimism

in #bitcoin7 years ago

The Mt. Gox news is really good in my opinion. I think that institutional money will keep driving the price down until they no longer can, which means that all of the weak hands have been driven out. The first time we see a Friday afternoon dump session, like we have so many times in the past, get met with strong buying, the institutional money will come pouring in and we'll be over 10k less than 24 hours.