Bitcoin Price Prediction: Weekend Panic Sends BTC To $62,000 As Margin Calls Bite

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Bitcoin Price Prediction: Weekend Panic Sends BTC To $62,000 As Margin Calls Bite

The post Bitcoin Price Prediction: Weekend Panic Sends BTC To $62,000 As Margin Calls Bite appeared first on Coinpedia Fintech News

Bitcoin fell to $62,000 before recovering to about $65,360, a rebound of roughly $3,000. That bounce followed a 16% drop over three trading days, one of the steepest short-term falls of the year. Measured from the recent high near $87,000, Bitcoin has now lost almost 30%. The token was trading around $81,000 as recently as …