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Bitcoin Set to Crash to $50K: Are You Ready for the Fall? Coinpedia 4 weeks ago

Bitcoin Set to Crash to $50K: Are You Ready for the Fall? 📉

Mt. Gox Coinpedia Germany Bitcoin

Bitcoin has been in a persistent downtrend since hitting the $73,000 mark. For almost six months, it has struggled to overcome bearish conditions.

Several factors have contributed to Bitcoin's inability to rise, including the German government selling seized BTC and repayments to Mt. Gox creditors.

Additionally, global geopolitical tensions have affected Bitcoin's performance, making a potential crash to $50K more likely.

Source: coinpedia.org ↗

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