NewsletterBitcoin Price Prediction as US Govt. Shutdown Extends- What’s Next for BTC?
Highlights
- Bitcoin price consolidates between $108K and $125K amid market indecision.
- U.S. government shutdown delays progress on key crypto regulatory frameworks.
- Long-term Bitcoin price prediction remains positive once consolidation ends.
Bitcoin price continues to trade within a defined consolidation range as the broader crypto market reacts to the ongoing U.S. government shutdown. The political gridlock has delayed progress on essential crypto legislation, creating uncertainty across investor circles. Meanwhile, BTC price action reflects indecision, with participants assessing whether the next major swing will favor bulls or bears.
Frequently Asked Questions (FAQs)
1. Why is Bitcoin consolidating within the $108K–$125K range?
2. What could break Bitcoin’s current consolidation phase?
3. How does the U.S. government shutdown affect crypto regulation?
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