Bitcoin’s recent price volatility has led to significant market liquidations, yet experts remain bullish on its long-term potential.
Predictions from seasoned analysts suggest Bitcoin could reach milestones of $150,000, $275,000, and even $400,000 following historical patterns and upcoming halving events.
According to CoinGlass data, the crypto market experienced substantial turbulence, with Bitcoin’s price fluctuations triggering nearly $700 million in liquidations over the past 24 hours. A sharp 7% drop from its $64,000 peak early Wednesday underscored the volatile nature of Bitcoin’s market, impacting leveraged traders significantly.
Current Trading Dynamics
Bitcoin price has shown resilience amidst volatility, currently trading at $61,956, marking an 8.38% increase over the past day and an impressive 20.15% gain over the week.

A closer examination of the CoinDesk Bitcoin Index (XBX) reveals Bitcoin’s dynamic rally, initially surpassing the $60,000 benchmark for the fir

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