Bitcoin is completely incapable of competing with well-established fiat currencies mainly because its owners prefer to hoard rather than spend, and this is the. BTC price has broken out after bouncing at the $ horizontal support area, while ETH may break out from a descending parallel channel. It's a downward descent once again for the original crypto. Bitcoin (BTC) slid to a three-month low, trading below $19, on Monday. FOLIO INVESTING COMPETITORS DEFINITION

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