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Charles Schwab Analyst: Bitcoin's Weakness Due to Momentum Loss, Not Saylor's Selling

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2026-06-03 19:45:17
Charles Schwab analyst Jim Ferraioli has commented on Bitcoin's recent performance, attributing its weakness to a loss of upward momentum rather than any selling activity by Michael Saylor. According to NS3.AI, Ferraioli noted that capital previously invested in speculative cryptocurrency gains is now shifting towards gold, AI-related stocks, and initial public offerings (IPOs).
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