Bitcoin topped $28,000 just ahead of New Year’s Day. “Based on the charts, that run might be put on pause come 2021,” according to the article. “I think we have a ways to go. Near term, my cycle composite shows us peaking out in early January,” added Newton.
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Bitcoin Likely to Cool Off in Early 2021: Newton Advisors
After hitting its all-time high, Bitcoin is likely to take a breather as we head into 2021, according to a prognostication from the president and founder of Newton Advisors, Mark Newton. So reports CNBC.
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