Bitcoin Price Prediction as US Govt. Shutdown Extends- What’s Next for BTC?
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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?
BTC is trading within a defined range as market participants await macro and technical clarity.
2. What could break Bitcoin’s current consolidation phase?
A decisive move above resistance or below demand levels could set the next clear market direction.
3. How does the U.S. government shutdown affect crypto regulation?
The shutdown has paused Senate proceedings, delaying critical votes on the Crypto Market Structure Bill.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.