Bitcoin ($BTC ) is poised for a massive breakout, according to experts, as it nears the end of its consolidation phase. With prices currently trading around $61,923.99, down 2.34% in the last 24 hours, analysts predict a significant price movement on the horizon. Industry insiders point to strong fundamentals, including increasing institutional investment, global adoption, and improving infrastructure, as indicators of a major rally. While some forecast a breakout above $70,000, others caution that a drop to $50,000 is possible before the upward momentum resumes. As the cryptocurrency community awaits the breakout, one thing is certain â the next move will be pivotal in shaping Bitcoin's trajectory.
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