Bitcoin Down 7% In 7 Days, Led By Second-Largest Liquidation Event: Trader Points To 'Demand Wall' At $47,000

Bitcoin Down 7% In 7 Days, Led By Second-Largest Liquidation Event: Trader Points To 'Demand Wall' At $47,000

full version at benzinga

Bitcoin's (CRYPTO: BTC) plunge on Friday comes on the heels of Mt. Gox starting its payment distribution. However, a trader predicted a further drop to a key demand level.

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