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CoinOtag 2024-07-08 09:07:46

Bitcoin Price Analysis: Consolidation or Quick Rebound Likely, Prolonged Downtrend Unlikely, Say Analysts

The Bitcoin market is currently facing a period of volatility, stirring varied predictions among market analysts. Some analysts suggest that Bitcoin may experience a period of consolidation or an immediate rebound, although a prolonged bear market is viewed as improbable. Investor concerns are heightened by potential sell-offs from Mt. Gox creditors, which might impact Bitcoin’s

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