Bitcoin Price Prediction – Is BTC About to Surge 20%?
Bitcoin price prediction remains neutral to slightly bullish, as technical indicators indicate investor indecision. The BTC/USD pair is trading in a narrow range of $19,210 to $19,000. The cryptocurrency market is devoid of volatility, and investors appear to be waiting for a solid fundamental reason to trigger breakouts. BTC Sideways Range - Source: Tradingview Let's start with the news highlights, and then I'll go over the technical outlook to determine price prediction. War-Driven Crypto Activity in Russia and Ukraine As the conflict between Russia and Ukraine worsens, so does the volume and intensity of cryptocurrency activity . New York-based blockchain Analysis firm Chainalysis released a report on the rapidly expanding use of crypto, the vast majority of which is illegal in origin, in Eastern Europe as a preview of its forthcoming 2022 Geography of Cryptocurrency Report. Residents of both countries began engaging in significantly more activity sh...