On November 16th, Greeks.live reported that the Chinese community is worried about a possible decline in Bitcoin’s price, with some traders fearing a drop below 90,000 USD. However, a rebound is anticipated post-Thanksgiving.
Selling pressure in the market is linked to issues faced by market makers, causing a downturn in Bitcoin trading. Despite the concerns, a recovery is expected, emphasizing the critical support level of 90,000 USD.
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