Bitcoin (BTC) has been through an extensive correction but it is not out of the woods yet. There are still plenty of analysts calling for a $ 3,000 bottom. In normal circumstances, the chances of that happening are negligible. If things remain as they are, there is no reason Bitcoin (BTC) might fall below $ 5,000. However, as we have seen in the past, it does not take much for things to change in this market.
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