From Investing.com: 2024-05-09 12:30:22

Renowned analyst Michaël van de Poppe issues a cautionary note on Bitcoin, warning of a potential dip below $55,000. Facing volatility, Bitcoin struggles to sustain an upward trajectory amidst regulatory uncertainties and macroeconomic factors. Analysts closely monitor price movements for any signs of a trend reversal, highlighting the importance of robust risk management strategies for traders.

Read more at Investing.com: Bitcoin (BTC) Price to Dip Below $55,000, Warns Top Analyst By U.Today