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2024-10-31

Will Bitcoin Pull Back to $90,000 or Already Hit the Bottom?

Bitcoin dropped for three consecutive days, briefly falling to $92,000 on Thursday. According to multiple media reports, the latest wave of market turbulence was triggered by a court ruling circulating online. The U.S. Department of Justice reportedly received approval from the Northern District Court of California to sell 69,370 Bitcoins seized from the illegal dark web marketplace. Will Bitcoin retrace to $90000? If it dips to 90k, would you consider buying the dip?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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