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Bitcoin Price Forecast

Bitcoin has been trading in a range between $60,000 and $72,000 for the past month. Looking ahead to the next three months, two possible scenarios emerge:

Scenario 1

If the $60,000 resistance level is breached, Bitcoin could experience a significant drop to a range between $40,000 and $44,000.

Scenario 2

Conversely, if Bitcoin manages to surpass the $73,000 support level, it could rally towards $100,000.

Currently, the optimal entry point is between $60,000 and $63,500. In the event of a breakout above the resistance level, the ideal entry range would shift to $40,000 to $44,000. Considering Bitcoin's price correction history and the Halving event, the second scenario appears to be the more probable outcome.