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"Given the constant inflow of corporate participation and retail investors, we expect Bitcoin prices should continue to be skewed to the upside, at least in the near term," Lennard Neo, an analyst at
Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term. Bitcoin prices for the last 24 hours. (CoinDesk 20) Updated Jan 22, 2021 at 2:44 p.m. UTC Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts Bitcoin’s shorter-term price woes are likely not over yet, analysts say, with one predicting a further decline to $26,000. The cryptocurrency fell by 13% on Thursday in a spot market sell-off, hitting a low of $28,845 earlier on Friday, the lowest level since Jan. 4. In the hours since, ...