After a meteoric rise in value in the past 30 days, the bitcoin price has endured a major correction as it dropped from $7,500 to $6,550.
Before delving into the analysis of the downward trend and the recent decline in the price of bitcoin, it is important to acknowledge that the price of bitcoin has increased from around $4,500 to $7,500 within a single month.
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Where do you think the price will settle at?
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