Bitcoin is continuing its two week slide from the $72,000 resistance level. It has broken through several supports down to the $64,000 support level.
This continued slide is occurring despite many financial experts and Bitcoin social media influencers posting about price predictions, and sharing their seemingly random line charts and post-halving price patterns. Bitcoin price predictions range all over the place, anywhere from $150,000 by the end of 2024 to $1,000,000+ by 2030.
It appears the impact of massive amounts of Bitcoin ETF inflows is not effecting the price in a way bitcoin hodlers were hoping for. Bitcoin ETFs now hold $65+ billion worth of bitcoin.
