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Bitcoin (BTCUSD) Holds Support, Analysts Reject $35K Crash, Eye $55K Floor

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Analysts predict Bitcoin's maximum retracement this cycle will be around $55,000, disputing deeper falls to $35,000 due to weaker expansion levels and increased institutionalization limiting severe drawdowns.
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BTCUSD price history

77328.14 +14.64% over the displayed period

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