$BTC Here's a 100-word perspective on potential Bitcoin price movements:
Bitcoin's near-term price remains highly uncertain. Key factors include:
* **ETF Inflows:** Sustained demand via US spot Bitcoin ETFs is crucial for upward momentum. Recent slowdowns have pressured the price.
* **Macro Factors:** Interest rate decisions (especially the Fed) and inflation data significantly impact risk assets like BTC. High rates typically suppress crypto.
* **Halving Impact:** The April 2024 halving reduces new supply, potentially supporting prices long-term, but effects aren't immediate.
* **Resistance:** Breaking decisively above the $70k-$72k resistance zone is needed for a potential run towards new highs.
* **Risks:** Geopolitical tensions, regulatory crackdowns, or unexpected macro shocks could trigger sharp declines.
**Prediction:** Expect continued volatility. **Bullish Case:** Strong ETF inflows + dovish Fed could push towards $80k+. **Bearish Case:** Weak inflows + persistent inflation/high rates could see a retest of $60k or lower. **Most Likely (Short-Term):** Range-bound trading between $60k-$72k until a major catalyst emerges. *Not financial advice.*