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    Bitcoin,  Markets Report

    Markets Report: Analyst predicting $37K Bitcoin’s ‘ultimate bottom’

    While institutions keep happily buying the dip, a failure to recapture $50,000 this week means that bulls are not out of the woods

    Bitcoin has spent a week circling $50,000 as endless positive news from institutions contrasts with a lack of upward price momentum. With all-time highs still out of reach, commentators have been asking themselves what would be needed to reignite the bull market which has characterized most of 2021.