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Analysis: Bitcoin price falls below $53,000 as all eyes turn to tomorrow

  • The Bitcoin price has fallen below the $53,000 support and may now test the region between $49,000 and $51,200
  • Tomorrow, Friday, $6 billion in Bitcoin options contracts expire.

After the crypto market experienced a strong push up to $57,200 yesterday due to the news of Tesla’s adoption of Bitcoin as a means of payment, this effect has already fizzled out
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