#BTCOutlook Bitcoin's price outlook remains uncertain, influenced by various factors. Recent price fluctuations reflect investor sentiment towards potential US ETF approvals, the Federal Reserve's monetary policy, and global economic conditions. While some analysts predict bullish trends based on ETF-driven demand and potential halving events, others express caution due to regulatory uncertainty and macroeconomic headwinds. Bitcoin's long-term trajectory hinges on its ability to establish itself as a reliable store of value and a widely adopted means of payment.
My take is that it will go down further.