Will bitcoin recover? ‘When in doubt, zoom out’, crypto market analysts advise

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Prediction from academics and cryptocurrency figures suggests price rally could continue until at least July

“At this rate of fall, bitcoin is likely to see support at $40,000 if the selling continues, and surviving this fundamental onslaught can set a new run that will create a new all-time high of $70,000 in the mid-to-long term,” said Alexander Vasiliev, co-founder of global payment network Mercuryo.

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