Bitcoin price drops below $42K, but analysts still expect ‘one more impulse’ ...
BTC price is back in a free fall as the price drops to $41,600, but analysts are still holding out for “one more upward impulse” move. The wider cryptocurrency market continued to see choppy, sideways price action on Jan. 17 with Bitcoin (BTC) experiencing a midday dip to $41,650. Across the market, trading volumes remain subdued and U.S. financial markets were closed in observation of the Martin Luther King Jr. holiday. BTC/USDT 1-day chart. Source: TradingViewHere’s what analysts are saying about Bitcoin's price action and the impact today's correction might have on BTC's market....
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