Analysis: Bitcoin expected to fall to $75,000 range as global money supply falls

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ODAILY
a day ago
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Odaily Odaily News: The Kobeeissi Letter, a global capital market analysis service provider, pointed out in an article that Bitcoin price changes usually lag behind changes in the global money supply by about two months (about 70 days). Currently, after hitting a record high of $108 trillion, the global money supply has decreased by about $4 trillion in recent weeks, indicating that the contraction of money supply may put downward pressure on Bitcoin prices, or mean that Bitcoin prices may fall to $75,000.

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