https://cryptonews.com/news/analyst-targets-47k-as-bitcoins-next-bottom-after-mt-gox-dump.htm
The price of Bitcoin has significantly dropped recently.
An analyst predicts it could fall even further to $47,000, which is 25% lower than the average price at which people bought Bitcoin in the last month.
This price drop is likely due to a combination of factors, including panic selling by new investors and the recent announcement from bankrupt Bitcoin exchange Mt. Gox.
What do you think?
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