It is still too early to define the behavior of BTC in these days, as we are in the incognita of whether it will rise to more than 72 K or on the contrary, if it will return to 60 K....
We are in a unique period this year 2024, where there may be an upheaval in terms of bitcoin conduct.... Well last week (3 days ago approximately), it closed with a rise of 3.35 %, but however for the last few days this rise has been in decline....
In fact many claim that this eventuality is similar to that of late 2019 and early 2020....
Where we believed that in the same year 2019 bitcoin which was in an uptrend would continue to rise, in fact the reason for the decline is related to what we know as “Black Swan”, we already know all the problems we had in 2019, with the COVID thing.... However, by the beginning of 2020 (between February and March) there was that uptrend!
The only 100% certainty we know is that BTC is unpredictable, so we can only wait, and follow the trend to not miss it....
Posted Using InLeo Alpha
Predicting Bitcoin's future (BTC) is tricky. Factors like wider adoption, bitcoin colocation, clearer regulations, and technological advancements could push its price up. However, volatility, competition from other cryptocurrencies, and environmental concerns could hold it back. Whether it surpasses 72,000 again is anyone's guess. Do your own research, understand the risks, and invest cautiously.