Bitcoin BTC Chart Technical Outlook Price Rally Hits Pause
According to crypto analyst Adrian Zduńczyk, Bitcoin’s breakout target is the range between $39,000 and $40,000. The analyst has identified the range between $25,000 and $32,000, as the trading range for Bitcoin.
Bitcoin price performance turned flat in the last two weeks as BTC entered a tight correlation with equities.
BTC valuation model reveals Bitcoin price is unlikely to drop below $35,000 apart from short-term volatility.
BTC funds recorded an inflow of $311.5 million from institutional investors.