Bitcoin has been fluctuating near the $60,000 mark, leaving investors in anticipation of its next major movement. Crypto analyst PlanC highlights that this prolonged stagnation could suggest an impending surge. Bitcoin's extended duration between $60,000 and $70,000 might be establishing a firm foundation for a significant upward trend.
This phase may signify a strategic build-up, indicating potential bullish momentum. Investors are keenly observing as the market awaits a shift from this seven-month stagnation towards a possible breakthrough and rise to $80,000, offering a positive outlook for Bitcoin enthusiasts.
