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cryptonews 2024-07-06 20:11:01

Bitcoin Price Prediction as Traders Bet on Trump’s Return – How High Can BTC Go?

Bitcoin’s price has fallen to its lowest since late February, with on-chain analysts predicting a further 16% drop to $47,000 as the next bottom. This projection represents a 25% drop from the average purchase price of short-term Bitcoin holders, with significant capitulation expected among new market entrants at this level. As Bitcoin trades at $56,374, The post Bitcoin Price Prediction as Traders Bet on Trump’s Return – How High Can BTC Go? appeared first on Cryptonews .

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