The #Bitcoin price is currently trading at 55,700 dollars, indicating that the bearish sentiment remains strong. If this trend continues, I firmly believe we could see the Bitcoin price at 54,000 dollars.
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As expect, #Bitcoin price dropped to $56,000 over the past 24 hours. Simultaneously, Bitcoin is tracking the stock market sentiment. Yesterday, the U.S. stock market saw a loss exceeding $1 trillion, leading to a broad market downturn.
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