When will this boring process of Bitcoin (BTC) end? Below is my own opinion…

Leading cryptocurrency#Bitcoin(BTC) has been accumulating in the $59k - $65k range for a long time. Despite needles above or below these levels, Bitcoin has not been able to achieve the enthusiastic gains that investors expected.

Charles Edwards, founder of international fund Capriole Investment, believes that BTC will remain in its current small range until investors run out of patience.

The manager of Capriole Investment believes that market sentiment should turn negative as much as possible before the sideways trend ends and no one should expect an uptrend.

Emphasizing that this period of boredom could last from 1 to 6 months, Edwards believes that #BTC will increase next fall at the latest.

Experts at the American hedge fund#PanteraCapitalbelieve that the Bitcoin bull cycle has just begun and that by August 2025, the BTC price will be at least $117,000.

In its latest report, Pantera Capital highlighted that BTC has experienced a significant increase in all periods post-halving. Here are the experts' final comments on the short-term BTC price:

“A pattern known as the “triple top” has formed on the Bitcoin chart with the past bull cycle. BTC/USD is now at a critical point. However, breaking the $63,000 resistance has become the main challenge for BTC.

In the coming period, if Bitcoin exceeds $63K and stays above that level, it could increase the volatility in the market."

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