Recent analyses suggest that Bitcoin's current bull run may be facing challenges. Some analysts predict a potential decline to $73,000, emphasizing the importance of risk management in the current market environment.
Additionally, efforts to establish a Bitcoin reserve among US states have lost momentum due to legislative pushback and concerns over Bitcoin's volatility. This development has contributed to uncertainty in the market.
However, some experts remain optimistic about Bitcoin's long-term potential. Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, projects significant price increases, with targets of $113,000 and $150,000. $BTC