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Crypto

Krueger Challenges Bitcoin's 18-Year Trading Range

Guavy AI Editorial Team
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BTC
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Bitcoin's trading range has persisted for 18 years, during which time its price rose from $0.1 to $100K USD.

Fred Krueger, an investor and crypto entrepreneur, questions whether Bitcoin will continue within this established price band.

Krueger frames investing in Bitcoin as fundamentally tied to the question of whether the trading range will hold.

In a recent update, Krueger noted that Bitcoin could fall to $40K in the short term ahead of a possible October rally, adding context to the current debate about the price band's viability.

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