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What Next for Bitcoin (BTC) Prices? Traders Target $50,000 as Billions in Selling Pressure Looms

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“Bitcoin selling pressure is unlikely to decrease in the coming days,” stated Rachel Lin, founder at on-chain crypto change SynFutures, in an interview. “The German authorities nonetheless has over $2.3 billion value of Bitcoin, Mt. Gox has greater than $8 billion, and the US authorities has over $12 billion.

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