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home / news releases / OBTC - Could This Be A Double Top In Bitcoin?

OBTC - Could This Be A Double Top In Bitcoin?

Osprey Bitcoin Trust Unit Ben Int
  • The sudden rush into bitcoin means we have reached some type of mania phase that is ripe for a shakeout - a big one.
  • Bitcoin has declined many times by 80-plus percent in the past and come back. That does not mean that it will always miraculously re-inflate.
  • The Fed is tapering, and this should create a correction in risk assets, of which bitcoin is a part.

For further details see:

Could This Be A Double Top In Bitcoin?
Stock Information
Company Name: Osprey Bitcoin Trust Unit Ben Int
Stock Symbol: OBTC
Market: OTC
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