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Crypto Currencies

Bitcoin had a quiet week, trading in sync with the larger, more recognised financial markets. Overall, our preference is still for a move to fresh all-time highs, but if MM were traders, we would consider fading or at least not embracing this move.

  • Bitcoin remains on track to make new highs above $US75,000, but it’s a move we would not chase.
MM is cautiously bullish towards cryptocurrencies short-term
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Bitcoin ($US)
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