Bitcoin Likely to Hit $32,950 Bottom by Spring, Fundstrat Data Says

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Bitcoin Likely to Hit $32,950 Bottom by Spring, Fundstrat Data Says
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ICYMI: there is 'a good likelihood' for Bitcoin to reach the bottom by spring, Fundstrat's Mark Newton says BTC $BTC

Fundstrat Global Advisors

A decline under the $35,500 level would push Bitcoin to testing the $32,950 zone—the low hit by BTC on Jan. 24. Over the past few weeks, the Bitcoin price has been declining. BTC and Ethereum have begun to show a strong correlation with traditional assets, so conventional investors have begun to jump on the crypto bandwagon too.

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