Traders are wary of Bitcoin whale games as 12K $BTC is put up for sale, causing Bitcoin to dip below $60,000 ¹. There are mixed thoughts on Bitcoin's price strength, with some expecting a further downturn and others seeing a long-term recovery .
Some analysts believe Bitcoin will reach new all-time highs, while others predict a 50% chance of Bitcoin visiting sub-$40k before the halving plays out
Bitcoin's V-shaped recovery could put it on a path to new all-time highs, but it's currently trading within the confines of a bullish pattern at $60,431, 15% away from the pattern's neckline
