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Bitcoin Price Dips

Bitcoin has fallen 4.5% since last week, but could this be seen as the coin trading sideways, or could we see even more drops in Bitcoin’s price?

Welcome to The Daily Forkast – February 10, 2022 – presented by Joel Flynn.

Bitcoin was trading below US$22,000 Friday morning Hong Kong time, capping a 4.5% fall since last week. One expert told Forkast that the key price levels to watch out for are US$19,000 and US$25,000, but it’s still not clear what’s going to happen next.

Investors are asking if this is the start of a sustained downtrend or a healthy correction. We’ll have more on that in this episode.