Bitcoin Price Prediction for the Next 60 Days
Over the next 60 days, Bitcoin's price trajectory will likely be influenced by several key factors:
1️⃣ Pre-Halving Sentiment:
With the Bitcoin halving event approaching, historical data suggests a surge in market anticipation. This could lead to increased buying pressure, pushing prices higher as investors position themselves for potential post-halving gains.
2️⃣ Macroeconomic Conditions:
Ongoing global economic factors, including interest rate policies and inflation trends, could drive institutional and retail interest in Bitcoin as a hedge against fiat devaluation.
3️⃣ Technical Analysis:
Support Levels: $32,000 and $30,000 remain crucial for stability.
Resistance Levels: If BTC breaks above $38,000, it could rally toward $42,000 or higher.
📊 Price Range Forecast (Next 60 Days):
Bullish Scenario: $BTC