Cryptocurrency markets, particularly that of Bitcoin (BTC), have always been subject to a high degree of volatility. Attempting to forecast price movements in the crypto space can be challenging due to a variety of factors. One of the most significant challenges arises from the concentration of ownership, with a small percentage of investors known as 'whales' exerting a disproportionate influence on the market. As of the latest data, Bitcoin's price stands at $44k,037 I expect 46k by next week.. after a pull back to 38.500 to close the year, but predicting its future trajectory remains a complex task.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.