Top trader HenrikZeberg sees BTC higher in his Bitcoin price prediction bitcoin btc btcusdt $btc
However, during rate declines, the cryptocurrency has historically performed well, argues the trader. Drawing on the positive correlation between Bitcoin and U.S. bonds, particularly in terms of value, Zeberg predicts that the forthcoming crash in rates and subsequent bond rally will have a positive impact on Bitcoin's price.
has been trading within a relatively narrow range of $26,800 to $28,000 for the past two weeks. This decrease in volatility is reflected in the BVOL index, which has fallen to levels last seen at the end of last year and the beginning of this year. The market has entered a period of consolidation, with buyers and sellers eagerly awaiting the next move.
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