The recent 19 billion USD market liquidation has created a potential buying opportunity for Bitcoin investors, according to Geoff Kendrick. He predicts Bitcoin could rebound to 200,000 USD by year’s end, influenced by ETF inflows and gold price movements.
Despite a dip resulting in Bitcoin’s decline to a four-month low of 104,000 USD, Kendrick emphasizes the possibility of a market recovery. He views this sell-off as an accumulation phase that may lead to future gains.
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