Path Trading Partners Chief Market Strategist Bob Iaccino: “I think the technology behind Bitcoin is something that is lasting”

John Williams

Coins are displayed next to a Bitcoin ATM in Hong Kong, Friday, Dec. 8, 2017. Bitcoin is the world’s most popular virtual currency. Such currencies are not tied to a bank or government and allow users to spend money anonymously. They are basically lines of computer code that are digitally signed each time they are traded. (AP Photo/Kin Cheung)

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Bitcoin shares sustained a 35% increase over the last 72 hours, with a trade price that rose from September’s $3,000 value, up past its $19,000 value yesterday. Path Trading Partners Chief Market Strategist Bob Iaccino predicts where Bitcoin cash will be after institutions sells it, in preference of a hedge.


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