What caused the latest Bitcoin dip and what comes next?
Bitcoin price consolidation continues amid negative news stories and futures liquidations
As Bitcoin surged past $40,000 earlier this month, many were extremely bullish, predicting a further rise to over $100,000 in the near future. This hasn’t yet manifested, as price dipped below $30,000 on Friday and currently stands at around $33,500.
This movement wasn’t unexpected though. Continued vertical growth in markets is very rare and we have often seen retracements like this in the past as investors take some prof … Read more
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