Bitcoin Traders Bet on Deeper Crash, Eyeing $55K Level Next
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The post Bitcoin Traders Bet on Deeper Crash, Eyeing $55K Level Next appeared first on Coinpedia Fintech News
Bitcoin has come under heavy selling pressure, falling from $74,000 to $65,500 in just 48 hours. As the world’s largest cryptocurrency struggles to recover, traders on prediction markets are increasingly betting that the decline isn’t over, with many expecting Bitcoin to retest its April low of $55,000 before year-end. Here’s why BTC traders are so …
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