10x Research: bitcoin likely to fall further to $50,000
Bitcoin is likely to fall further to $50,000, according to analysts at 10x Research. Breaking the psychological benchmark of $60,000 and heading down toward $50,000 marks a major shift in market sentiment, which 10x Research attributes to the fact that the buying flow is drying up "while the selling flow is accelerating."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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