Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

“Although the dip to $56,500 may have completed the correction, I still expect to see a price of $52-55,000 before wave 4 completes,” Glover said, referring to the Elliot Wave theory, a technical analysis that assumes that asset prices move in repetitive wave patterns.

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• Source: https://www.coindesk.com/markets/2024/05/06/bitcoin-slips-to-63k-as-crypto-market-faces-more-us-regulatory-pressure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines