โThe price of bitcoin has fallen below $51K, which is near the bottom of the consolidation range of the last eight days,โ Alex Kuptsikevich, FxPro senior market analyst, told CoinDesk in an email. โWithout a bounce from here, we could see a deeper correction begin, potentially as low as $47-49K.โ
What Next for Bitcoin (BTC) Prices? Traders See Correction to $47,000