Bitcoin Price To Surge 240% Soon - Ark Invest !

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Galoy, the open source platform powering El Salvador’s Bitcoin Beach Wallet, has announced the launch of a new synthetic stablecoin pegged to the dollar.

This move was seen just 7 times in the history, as per the analyst, Bitcoin price can rally nearly 240%.

However, Elmandjra pointed out that, Bitcoin may end up going lower if this bear market replicates the trajectory of the 2018 bear winter.

Elmandjra believes, uncertainty surrounding the central bank's policy is still the main headwind for the Bitcoin price.