PlanB: Bitcoin Has Started to "Bottom Out," Typically Takes 1-3 Months
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BlockBeats News, August 1st, Renowned analyst PlanB stated in a post that the July closing price of Bitcoin was $62,818, with the 200-week moving average corresponding to $63,000. It appears that Bitcoin has started the bottoming process. This process typically takes 1-3 months, during which BTC may fall to even lower levels.
Source: BlockBeats
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