Bitcoin was tethering above $20,000 for the last week, and its ability to hold above this level through the FOMC announcement had led to speculations that the digital asset had finally hit its bottom. However, recent developments and bitcoin’s fall below $20,000 has proven that this is not the case. Even more, it points to a further decline in the market that could drag the cryptocurrency to even lower lows. Bottom Is Not In Bitcoin is now trading in the $19,000 which has completely destroyed the expectation that the bottom was already marked at $20,000. Despite the digital asset largely dev ...
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