Bitcoin Is Not Out Of The Woods Yet

Bitcoin prices have had a rough week, but things may get better before they get worse.

The world's largest digital currency has fallen close to 20% over the last seven days, pushing lower as they struggle with several bearish factors.

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At the time of report, Bitcoin was trading at roughly $8,800, after falling to as little as $8,370.80 earlier today, CoinDesk Bitcoin Price Index (BPI) figures show.

Even after this modest recovery, Bitcoin was still down roughly 19% from the same time one week ago.

   
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