Bitcoin (BTC) Could Surge to $120K on ‘Doomsday Rally,’ Trader Says

โ€œBitcoin remains a viable doomsday asset in 2024, as its correlation to Gold recently increased, and investors continue to diversify away from traditional financial assets,โ€ Edouard Hindi, the chief investment officer at Tyr Capital, said in an email to CoinDesk.

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