Bitcoin Jumps to $53K After Brutal Selloff Reminiscent of Covid Crash

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By Maya Cantina

Bitcoin Jumps to $53K After Brutal Selloff Reminiscent of Covid Crash

While the current situation may offer a good long-term entry, short-term risks are still present. Markus Thielen, founder of 10x Research, said that BTC could fall to $42,000 if the current economic weakness deteriorates further into a recession.

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