Bitcoin price, in the past couple of days, was following an uptrend and appeared to be well in place to reach the threshold at $47,000. It appeared that BTC price was taking a huge step ahead and consolidating for some time before the next leg up. And hence by following this pattern, the asset would have successfully smashed $47,000 by this weekend. But with the rounds of China imposing a ‘BAN’ on Cryptos, it appears to be very unlikely.
Story to be updated soon.
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