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Crypto Prices Outlook Darkens But There’s a Silver Lining

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cryptonews.com

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.The low crypto prices have dampened investor moods.

But hope is on the horizon and may come in the form of Bitcoin.Bitcoin's crash from $69,000 to $17,700 in June 2022 was painful enough but wasn't the end of it.

Hope was restored when Bitcoin recovered to just under $25,000 in mid-August, but that was short-lived, as Bitcoin quickly dipped back to $18,300 on 19 September 2022.The good news is that Bitcoin is still holding at strong support.

The better news is that Bitcoin could be crypto's silver lining.Bitcoin has proven that it's the market leader, and altcoins follow its price action.

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