Bitcoin Pullback Could Deepen, But Weakening Global Economy Could Bolster BTC

Bitcoin and the aggregated crypto markets have been spiraling downwards after bull’s attempt to bolster the markets yesterday faltered, leading to a continuation of the downwards pressure that BTC and other major cryptos have incurred over the past several weeks.
Now, analysts are noting that there is a high probability that Bitcoin’s recent pullback extends significantly lower, but that in the long-term BTC’s price may be bolstered by growing global economic weakness.
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