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Bitcoin (BTC): Incoming dip to $12,000? Here’s why and what to expect according to analysts

  • Bitcoin has seen about $77 million in liquidation with $40 million happening in the past couple of hours across the various derivative exchanges.
  • The 3 percent loss of the Bitcoin value cannot be linked to investors replacing the asset with altcoins as Ethereum is also down by 5 percent, and Cardano (ADA) is down by 7 percent in the last 24
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