![What Next for Bitcoin (BTC) Prices? Traders See Correction to $47,000 What Next for Bitcoin (BTC) Prices? Traders See Correction to $47,000](https://digitallifegaming.com/wp-content/uploads/2024/02/T6YOCUY54ZBAHBGTHBS3EJC24U-768x402.jpg)
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“The price of bitcoin has fallen below $51K, which is near the bottom of the consolidation range of the last eight days,” Alex Kuptsikevich, FxPro senior market analyst, told CoinDesk in an email. “Without a bounce from here, we could see a deeper correction begin, potentially as low as $47-49K.”
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