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Bitcoin News December 26, 2022

Legendary investor Bill Miller: Bitcoin can hold on to the $17,000 price very well, and it is still one of the largest personal holdings

The 72-year-old legendary investor Bill Miller reiterated his optimistic stance on cryptocurrencies in the latest interview, saying that despite the brutal sell-off in the crypto market this year, he will continue to be bullish on Bitcoin, which will remain his largest personal holding. one of the shares.

Bill Miller believes that cryptocurrencies are a potential store of value, just like digital gold, but he also clarified that other digital assets other than Bitcoin do not excite him and will be classified as risky speculation category.

Affected by the FTX crash, many players chose to dump Bitcoin to flee the crypto market. However, to Bill Miller’s surprise, the Bitcoin price did not fall to half of the current price, but stuck to the $17,000 price, which is very powerful.

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