Bitcoin surged past $52,000, signaling a bullish market sentiment with increased investments in Bitcoin ETFs. Analysts like Vijay Boyapati draw parallels to Bitcoin's 2017 boom, suggesting a potential rally to $100,000, emphasizing collective psychology's role. Mike Novogratz sees Bitcoin as a recognized store of value amidst growing US debt, while Peter Schiff remains cautious, predicting a surge in gold prices.
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Bitcoin surged past $52,000, signaling a bullish market sentiment with increased investments in Bitcoin ETFs. Analysts like Vijay Boyapati draw parallels to Bitcoin's 2017 boom, suggesting a potential rally to $100,000, emphasizing collective psychology's role. Mike Novogratz sees Bitcoin as a recognized store of value amidst growing US debt, while Peter Schiff remains cautious, predicting a surge in gold prices.
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