The post Bitcoin Price Analysis: BTC Price to Remain in a Tight Range Before Breakout by April appeared first on Coinpedia Fintech News
The past two weeks have been extremely precarious for Bitcoin (BTC), especially following the mixed reactions triggered by the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States. While a section of crypto traders were anticipating a sell-the-news scenario, a different faction was expecting a continued rally due to heightened demand.
Nevertheless, Bitcoin price has continued to consolidate in the same range before the approval of spot ETFs, thus increasing the speculation on the next move. As a result, the altcoin industry has gradually been sliding into a bullish outlook amid heightened speculation of an inevitable altseason.
Bitcoin Network’s On-chain Activity on the Rise
The past few weeks have been a bee hive of activities for the Bitcoin network, with crypto whales and short-term holders adjusting their portfolios follow
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