Pessimistic forecasts regarding the value of #Bitcoin are surfacing, with some speculating a drop to $35,000 within a fortnight and others predicting as low as $16,000. This is despite the fact that the average price of Bitcoin over the past 150 days stands at $55,600. It's quite amusing to observe how just a couple of days in the red can lead to exaggerated declarations of a market apocalypse, even when Bitcoin has only experienced a 24% correction.

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#fomc

#bitcoin

$BTC