The Bitcoin (BTC -0.12%) bears are out in force. With the digital currency trading around $16,900, fears of more FTX contagion, recession, inflation, and China geopolitical risk could push it down past $15,000. Understandably, even the most die-hard buy-the-dip Bitcoin investors are getting concerned right now.
Right now, $16,900 represents a significant retreat from a previous support level of $20,000 that Bitcoin maintained over the summer. So far, so good. As long as you’re buying it…
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