What Next for Bitcoin (BTC) Prices? Traders See Correction to $47,000

“The price of bitcoin has fallen below $51K, which is near the bottom of the consolidation range of the last eight days,” Alex Kuptsikevich, FxPro senior market analyst, told CoinDesk in an email. “Without a bounce from here, we could see a deeper correction begin, potentially as low as $47-49K.”

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