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But we saved everything 🙂.
Adam Livingston described bitcoin as having the greatest monetary properties of any asset. He stated that a lower USD price enables people to acquire a larger amount of what he calls the best asset. Livingston also suggested that it is beneficial this view is not widely accepted, as it allows the market to differentiate between those who understand the concept and those who do not.
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Livingston previously highlighted that bitcoin traded at $70,000, aligning with the Bitbo Power Law support line's projected level for Christmas in an earlier analysis. He also reported on JPMorgan's formal review of bitcoin's long-term performance and Fidelity's exploration of bitcoin-backed preferred stock as a new instrument in a separate article. These observations reflect his ongoing coverage of bitcoin’s positioning in capital markets.