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$53K Was The Bitcoin Bottom? Indeed, Bitfinex Analysts Say

Analysts report that Bitcoin BTC/USD prices may have found a local bottom and are showing signs of stabilization. What Happened: The exchange’s analysts observed that derivatives market indicators suggest bitcoin’s price could be stabilizing, The Block reported. Last Wednesday, Bitcoin fell below its 120-day range, hitting a low of $53,219. Observers blamed the German government‘s …

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