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There’s a Crucial Silver Lining to the Bitcoin Price’s 7% Correction

Bitcoin saw a strong crash on Wednesday after another attempt at breaking past and holding $12,000. The leading cryptocurrency dropped as low as $11,200 as sellers flooded the market. Some say it was news that the office of Bithumb, a leading exchange in South Korea, was raided that crashed the market. BTC has yet to reclaim the $11,500 support on the bounce after this move. Regardless, analysts remain optimistic as the asset’s medium to long-term time frame outlook remains strong. Related Reading: These 3 Trends Suggest BTC Is Poised to Bounce After $1,000 Drop Bitcoin Isn’t Entirely Bearish After the Strong…

Continue Reading There’s a Crucial Silver Lining to the Bitcoin Price’s 7% Correction

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