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    Bitcoin,  Markets Report

    Markets Report: Is Bitcoin heading below $20,000?

    A last trip below $20,000 to wipe out longs would not be ‘surprising,’ one analyst says, but bulls may not even allow that, others argue

    Bitcoin bounced around $23,000 on December 22 as anticipation built over fresh institutional buy-ins. After Monday was characterized by weakness with a retracement to $21,800, Bitcoin staged a modest recovery on Tuesday, at press time seeking to reinforce $23,000 support once again after highs of $23,400.