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<div>Bitcoin price correction 'very common' if K lows hold — Peter Brandt</div>
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Bitcoin price correction ‘very common’ if $56K lows hold — Peter Brandt

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<div>Bitcoin price correction 'very common' if K lows hold — Peter Brandt</div>
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Bitcoin price correction ‘very common’ if $56K lows hold — Peter Brandt

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Source: Coin Telegraph

Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.

Bitcoin (BTC) tagged $59,000 into the May 2 Wall Street open as swing lows held as a BTC price floor.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting closer to the key $60,000 zone.

After falling to $56,500 the day prior, Bitcoin received a boost from dovish economic guidance by the United States Federal Reserve.

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Author: William Suberg

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