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Bitcoin Price Prediction: BTC Bounces at $66,000 – Is the Sell-Off Over?
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Bitcoin (BTC) has recently experienced a tumultuous period, with prices dropping to $66,000 amidst significant outflows from spot Bitcoin ETFs. This downward trend has been further fueled by the Federal Reserve’s revised rate-cut projections and mixed signals from recent economic data.
As investors grapple with market uncertainty and shifting expectations, the question arises: Is the sell-off over, or could Bitcoin prices face further declines? This analysis delves into the key factors influencing Bitcoin’s current price trajectory and explores potential future scenarios for the cryptocurrency market.
Recent price volatility in Bitcoin, with a drop below $66,300, has resulted in significant outflows from spot Bitcoin ETFs:
Read more on cryptonews.comAbout this in other media
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