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Bitcoin Price Prediction as BTC Sees $16 Billion Trading Volume Come In

Bitcoin (BTC) was trading near a recent price floor as the weekend began on a bearish note. Bitcoin is trading slightly lower on Saturday, below the 23.6% Fibonacci retracement level, with resistance at $17,250. An alrea...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Price Prediction as BTC Sees $16 Billion Trading Volume Come In
Bitcoin (BTC) was trading near a recent price floor as the weekend began on a bearish note. Bitcoin is trading slightly lower on Saturday, below the 23.6% Fibonacci retracement level, with resistance at $17,250.
An already negative trend has been reinforced by the continuous drop in BTC's price in the wake of the FTX controversy. This affects not only miners but also some of Bitcoin's most well-known metrics, and it has repercussions for many other essential parts of the Bitcoin network....
Read More: Bitcoin Price Prediction as BTC Sees $16 Billion Trading Volume Come In

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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