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Investor's Business Daily

Investor's Business Daily

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Business & Economics

Is It Time To Short Bitcoin? Analyst Eyes Drop To $73,000.

Investor's Business Daily
Summary
Nutrition label

60% Informative

Bitcoin prices continue to bob on Wednesday , recovering to above $83,600 following a weekslong pullback.

Analysts at 10X Research projected a possible drop to $ 73,000 , as the cryptocurrency felt for support around a key technical trading level.

Bitcoin-related stocks and long ETFs reversed gains into losses early Wednesday .

VR Score

50

Informative language

45

Neutral language

36

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links