Will Bitcoin break out or down? Analysts share insights

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Analysts say upcoming rate cuts could be a boon for the Bitcoin price, but the market is still in “wait and see” mode.

Crypto analysts are predicting three major events in the coming weeks that could drive up the price of Bitcoin. 

For the last seven months, Bitcoin has traded in a downtrend between $74,000 and $52,000, and investors have grown increasingly restless about whether or not BTC will break out to the upside or continue to grind lower. 


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