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Bitcoin Volatility Hits 20-Month High

rtonline - 2024-08-07 23:21:06

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Bitcoin is down about 1.7% in the last 24 hours and is currently trading at $55,212.


Bitcoin Volatility Hits 20-Month High after Bitcoin Drops Below $50,000. Futures traders are predicting that the price of Bitcoin could fall even further, and many investors are also predicting that Bitcoin could fall further. Frankly, I still believe that these declines are an opportunity, and I even believe that declines could be a the best buying opportunity of 2024. I also think institutional and wealthy investors are taking advantage of the downside opportunities.