FXstreet

Bitcoin prices have risen sharply this year, but what does this mean for investors?



Joe Lee, founder of Magnr, offered a more optimistic stance on Bitcoin's recent price gains.

"I don't think we are in a bubble," he said, stating that while he expects the digital currency to experience of roughly 10% within the next two weeks, any such pullbacks represent buying opportunities.

"There is huge demand at the moment that does not seem to be fading away," said Lee. Finally, he stated that:

"It's an exciting time for bitcoin."

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