Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000

Although Bitcoin has reclaimed the $56,000 price level in the past few hours, its sudden drop below $54,000 on July 5 has reminded investors of the intense volatility associated with the market. In the larger timeframe, Bitcoin has been down by 7% and 20.25% in the past seven and thirty days, respectively.  While many crypto traders and analysts are still in the spirit of a bullish cycle in... source: https://www.newsbtc.com/news/bitcoin/bitcoin-further-crash-to-47000/