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Analyst: Bitcoin Lacks New Catalyst, Unable to Experience Significant Upside

10 hours ago

On May 16th, David Morrison, an analyst at Trade Nation, stated in a report that the cryptocurrency industry appears to be seeking a new catalyst to prompt a substantial price increase. "As traders continuously evaluate a broader risk environment, the market sentiment remains cautiously optimistic." The price of Bitcoin has recently rebounded from its April low and is currently fluctuating within the range of $101,000 to $105,000. (IG)
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