As Bitcoin (BTC) faces challenges in surpassing its previous highs, analysts have weighed in with their projections. The prevailing sentiment is that BTC is at a pivotal point.
Some analysts predict BTC has the potential to soar to $70,000, contingent on various factors aligning in its favor.
Conversely, other experts caution that BTC could see a significant drop, potentially hitting $48,000, depending on market conditions and investor sentiment.