Bitcoin Price Breaks Key Support: $48,000 Next
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Bitcoin plummeted to $53,500, its lowest in four months, causing $589 million in liquidations. Analysts spotlight potential short-term trading opportunities amid the volatility. The Mt. Gox estate moved billions of dollars worth of Bitcoin, and recent actions by the German government added to market anxiety. A prominent analyst predicts a potential drop to $48,000 before recovery.
Source : beincrypto.com ↗
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