Bitcoin (BTC) shaking off Bears, New Californian “BitLicense” May Slow down Bulls

Bitcoin prices in range mode
Controversial AB 1489 bill introduces stringent rules for VCs
Transactional volumes low but the trend has been positive
The question is whether AB 1489, a new Californian bill, will pass as the state follows the New York route. If so, it is likely that prices will dump in response. However, in the meantime, Bitcoin (BTC) could expand above $4,500 as bulls aim for $6,000.
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