BITCOIN PRICE ANALYSIS & PREDICTION (August 5) – BTC Dumps To $49k Amid Crypto Bloodbath, Recovers Slightly But Still Looks Weak

Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k

Source: NullTx