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Bitcoin falls to $47,000 as market correction till end of March seems likely

  • The Bitcoin price has fallen once again to the level around $47,000, which could mean an extension of the correction. 
  • The macroeconomic environment is depressing the price, while institutions beyond GBTC continue to buy Bitcoin.

The correction continues. After Bitcoin was able to rise above 52,600 USD on Wednesday, the price is now back in a downtrend. At the reaction time,
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