May 12, 2025

Bitcoin Downturn Nears End as Bitfinex Predicts Potential Local Bottom

1 min read

Bitcoin remains in turbulent waters, grappling to reclaim its recent highs after dipping from $62,800, spurring concerns of a further downturn. The renowned Hong Kong-based cryptocurrency exchange Bitfinex has released an analysis predicting that Bitcoin might be close to hitting a local bottom, potentially signaling the end of its current downtrend. “In a market continually

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Source: CoinOtag

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