As BTC Tests $62,000, How Low Can Bitcoin Go? – Decrypt
In brief Bitcoin fell 17% from just under $74,000 Monday to an intraday low of $61,556 Thursday, triggering $4.47 billion in total crypto liquidations over the period. Data from derivatives and options markets show weak demand and increased downside protection bets. Analysts see potential for another leg lower into the $50,000s, with a bottom possible...
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