Bitfinex analysts expect $48,900 as short-term bottom for Bitcoin

Bitcoin (BTC) is priced at $50,193.32 after crashing 17.7% over the past 24 hours, according to CoinGecko. The price went even further down but bounced back near the $49,000 price level, and Bitfinex analysts highlighted that this zone might be a short-term support."We expect short-term support to be established around the 48,900 region. If there is no bullish momentum, this region may be... source: https://cryptobriefing.com/bitcoin-price-crash-analysis/