Bitcoin Faces Imminent Correction Below $60k Amid Mt. Gox & German Government Sell-Off Pressure

Bitcoin’s price faces potential downward pressure, potentially dipping below $60,000 due to recent market dynamics. The liquidation activities of Mt. Gox and actions by the German government are significant contributing factors to this anticipated correction. Noted analysts, including Willy Woo and Rekt Capital, have shared insights suggesting a potential multi-week cooling-off period for Bitcoin. Discover

Source: CoinOtag