- Bitcoin (BTC) traded near $88,000 as the weekly close approached.
- Market opinions diverged, with some expecting a rise to $150,000 and others anticipating a drop not seen in more than a year.
- Bitcoin remained below the $90,000 mark amid mixed short-term price outlooks.
Bitcoin traded around $88,000 on Sunday as participants prepared for potential price fluctuations leading into the weekly close. The market showed contrasting expectations regarding the cryptocurrency’s immediate price movement.
While some traders targeted a significant increase toward $150,000, others anticipated a decline to levels unseen in over a year. This divergence reflects uncertainty in the near-term direction of Bitcoin’s price. The cryptocurrency remained below the critical $90,000 threshold during this period.
This price tension highlights the ongoing volatility that affects Bitcoin markets, as traders analyze recent trends and market signals before the weekly trading session closes. Participants remain closely watchful of developments that could influence short-term price action in BTC.
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