Future Price of Bitcoin Will $150 Billion Bank Morgan Stanley Push The Coin To a New All-Time High

The price of bitcoin is still well above the $69,000 barrier, even if analysts are making pessimistic predictions.
Morgan Stanley is rumored to allow Bitcoin exchange-traded funds (ETFs) on its platform soon.
Rising open interest in Bitcoin indicates impending turbulence as it approaches a significant sell wall.
Due to increased demand from long-term holders, 95% of the Bitcoin supply is currently profitable.

This week has seen a rise in volatility in the price of bitcoin (BTC), with the majority of holders currently seeing profits. The pioneer cryptocurrency is facing the brunt of mounting overhead pressure as market activity continues to rise and long-term investors increasingly ramp up on distribution pressure. Nevertheless, despite speculation that Morgan Stanley may have something to do with it, the $69,000 barrier remains unbroken.

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Future Price of Bitcoin Will $150 Billion Bank Morgan Stanley Push The Coin To a New All-Time High

How to Start Mining Cryptocurrency

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