Bitcoin Might Get Stuck Between $75K and $95K for a Long Time

Krutika Adani

Possible Breakout

The price of Bitcoin sees an imminent breakout above $70k this time.

Factors Leading to a Breakout Above $75K

Strong ETF inflows, institutional demand and the impact of Bitcoin halving might be the reasons pushing Bitcoin ahead.

Bitcoin Might Not Reach $100K Easily

The road to $100k seems to be a difficult one as the market might not have enough demand to propel Bitcoin above $100k in one attempt.

Sideways Market Expected Between $75K and $95K

Experts also expect a sluggish price behaviour between $75k and $95k.

Prices Could Crash to $62K

Bitcoin’s price might even crash down to $62k if it fails to cross $71k this time.

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