**When Will This Boring Process in Bitcoin (BTC) End? Here are Expert Comments…**

*Bitcoin (BTC) Accumulating in a Tight Range*

The leading cryptocurrency, Bitcoin (BTC), has been accumulating in the range of $59,000 to $65,000 for an extended period. Despite minor fluctuations, Bitcoin has yet to witness the enthusiastic surges anticipated by investors.

*Expert Insights: Charles Edwards, Capriole Investment*

Charles Edwards, founder of international fund Capriole Investment, suggests that BTC will likely continue to trade within this narrow range until investors lose patience. He emphasizes that a shift in market sentiment towards negativity is necessary before the sideways trend can come to an end, cautioning against expecting an immediate uptrend.

*Duration of Boredom Phase*

Edwards predicts that this phase of stagnation could persist for anywhere between 1 to 6 months, with BTC potentially seeing a rise by autumn at the latest.

*Expert Insights: Pantera Capital*

Experts at American hedge fund Pantera Capital hold a bullish outlook, suggesting that the Bitcoin bull cycle has only just begun. They forecast that by August 2025, the BTC price could reach at least $117,000.

*Short-term BTC Price Outlook*

In their latest report, Pantera Capital highlights the historical significance of BTC's performance post-halving, noting substantial increases in each cycle. They reference the formation of a "triple top" pattern on the Bitcoin chart, indicating a critical juncture. Breaking the $63,000 resistance level is identified as the primary challenge for BTC. If Bitcoin manages to surpass and sustainably hold above $63,000, it could stimulate increased market activity.

(Not Investment Advice)

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