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Bitcoinist
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Bitcoin (BTC) Metrics Point To Local Bottom At $49,500 – Details
- Bitcoin experienced a sharp drop to $49,577, but key data suggests the worst might be over.
- Investors await the Federal Reserve's interest rate decision for Bitcoin's price trajectory.
- Analysts believe Bitcoin may have reached a bottom, with positive price action sparking optimism.
- BTC needs to break above $60,000 to regain momentum, or a deeper correction may occur.
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