Bitcoin Faces Local Bottom and Potential Recovery Amid Market Anxiety and FUD
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Bitcoin has been struggling to regain its momentum following significant sell-offs in June and early July. Bitfinex analysts recently suggested that Bitcoin might have reached a local bottom in their latest report. On July 3rd, Bitcoin’s price plummeted to $53,219 due to concerns over potential sales by the German government and Mt. Gox creditors.
Source: en.coinotag.com ↗
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