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Traders: If Bitcoin Price Fails to Remain Above Mid-$3500, Expect Rapid Fall to $2000

Traders: If Bitcoin Price Fails to Remain Above Mid-$3,500, Expect Rapid Fall to $2,000

In the last 24 hours, the Bitcoin price has slightly recovered from $3,451 to $3,526 following the announcement of Fidelity to launch Bitcoin custody by the end of the first quarter. The valuation of the crypto market has increased by $2 billion overnight as Bitcoin (BTC), EOS (EOS), and Ethereum (ETH) rebounded in the range of one to three percent against the U.S.