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CoinOtag 2024-07-08 22:10:45

Bitcoin Reaches Local Bottom After Major Sell-Off: Bitfinex Analysis

Bitcoin’s price action in recent weeks indicates potential signs of reaching a local bottom, according to Bitfinex analysts. Bitcoin fell to $53,300 on July 3rd after dropping below its 120-day average range. This decline was attributed to upcoming Mt. Gox payments and sales from both the U.S. and German governments. This article delves into the

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