The post Bitcoin in Crossroads-BTC Price May Rise More than 40% to 50% in the Coming Weeks appeared first on Coinpedia Fintech News
Bitcoin price is displaying a diverse price action in the past few weeks wherein the uncertainty around the token appears to have risen heavily. The sudden increase in volatility has led the price to drop or surge by a double-digit margin. In doing so, the star crypto has approached some crucial levels which may decide the trend for the coming days.
The BTC price had undergone a massive price action in an inverse way and dropped below $20,000. However, the weekend surge enabled the price to register a massive 20% growth in just 3 days which is expected to prevail for a long. The price, presently, appears to have approached a critical juncture, where-in a breakout is mandatory to keep up the momentum of the rally high.