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Chance of Bitcoin price drop to $52K rises as derivatives show traders losing hope

Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.

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

Chance of Bitcoin price drop to $52K rises as derivatives show traders losing hope

Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.

Why this matters

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

Original source

Read on Cointelegraph

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