Strategist Robert Sluymer said bitcoin will go “higher from here” after the cryptocurrency suffered a turbulent few months as governments faced increased pressure to regulate digital currencies.
Mr Sluymer, a strategist at Fundstrat Global Advisors, told CNBC: “The regulatory risk, the fundamental risk around what’s happening with cryptos has hit a bottom and now we’re in a state of general recovery.”
He later said bitcoin will “continues higher from here.”
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