HomeMarketsIndicesScott Bauer Analyzes Demand For Bitcoin
Scott Bauer Analyzes Demand For Bitcoin

Scott Bauer say that we 're not creating big downdrafts in Bitcoin despite regulatory scrutiny. The Bitcoin drop over the weekend is being bought up by large intuitional investors as retail investors stay cautious. There is a possibility that Bitcoin is a bit exhausted, and selling may be computer driven. Scott says the selloff in gold the past 6 months may be lost share to Bitcoin and perhaps the share is shifting back into the precious metal as a safety play and store of value.

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