3 Reasons Why Bitcoin Price Could Fall to $14,000 – Bitcoinist.com

Bitcoin fell drastically this week, paring some of its December gains and maintaining its stretch of volatility on profit-taking sentiment among daytraders.
Most actively traded bitcoin derivatives plunged by an average of 13 percent to $17,705 from their all-time highs established last week. Meanwhile, the flagship cryptocurrency’s spot rate is still up 70 percent in the fourth quarter, signifying that its latest move downhill could be an organic bearish correction. Bitcoin Futures on CME plung…

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