Bitcoin Price Outlook: Traders Brace for Correction Amid Market Indecision
TL;DR Summary
Bitcoin prices remained stable around $51,500, while ether climbed back to $3,100 and tokens of Ethereum layer-2 platform Mantle surged 30% to a lifetime peak. A trader suggested a potential short-term correction for bitcoin to as low as $47,000, attributing the recent selling pressure in the crypto market to increased investor caution despite all-time highs in global equity indices.
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