Bitcoin Stuck In Another Sideways Range: Where Do We Go From Here?
Portfolio Pulse from Khyathi Dalal
Bitcoin's sideways price action has sparked discussions about the halving cycle theory and potential future price movements. Analysts suggest a possible 'echo high' in August and highlight liquidity levels that could lead to record-breaking highs if surpassed.
July 31, 2024 | 3:46 pm
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Bitcoin's current sideways price action has led to discussions about the halving cycle theory, with analysts predicting a potential 'echo high' in August. Liquidity levels around $63,000-$63,500 could lead to record-breaking highs if surpassed.
The halving cycle theory and historical patterns suggest a potential price increase. Analysts highlight key liquidity levels that, if surpassed, could lead to record-breaking highs.
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