Markets
What’s Next for Bitcoin (BTC) Price? Traders Target $50,000 as Selling Pressure Runs into Billions
“The selling pressure on Bitcoin is unlikely to ease in the coming days,” Rachel Lin, founder of on-chain cryptocurrency exchange SynFutures, said in an interview. “The German government still has over $2.3 billion worth of Bitcoin, Mt. Gox has over $8 billion, and the U.S. government has over $12 billion.”