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BlackRock's Rick Rieder is calling for a significant recovery in $BTC, even as the cryptocurrency has pulled back in recent trading.
The bullish view from a figure at one of the world's largest asset managers draws fresh attention to bitcoin at a point when prices have softened.
Rieder's Call Rieder's expectation, as reported by Pluang, is that $BTC will rise significantly from current levels.
The source does not specify a price target, a timeline, or the on-chain or macro indicators Rieder cited in forming that view.
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