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    Bitcoin Price Prediction

    Abstract: Can Bitcoin reach $100,000?
    btc.jpg

      Bitcoin has been struggling to reach $50,000 despite maintaining strong support. The acceptance of Bitcoin has risen but that is not helping it rise. Recently El Salvador became the first country to allow Bitcoin as legal tender. However, the decision has been marred by protests across the country.

      The biggest factor that is aiding the price decline of Bitcoin is an environmental concern. Recently economists from the Dutch central bank and MIT showcased that a single bitcoin transaction generates the same amount of electronic waste as throwing away two iPhones.

      However, people are still hopeful of Bitcoin reaching $100,000.

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    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
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