Over the past four weeks, the cryptocurrency has experienced a significant decline of 32.63%. However, over the last 12 months, Bitcoin has seen a remarkable increase of 146.10%, reflecting its long-term growth despite short-term fluctuations.
Price forecasts predict Bitcoin at $70,903 by quarter-end and $62,495 in one year
Analysts and Trading Economics' global macro models project that Bitcoin could be priced at $70,903 by the end of this quarter. In the longer term, influenced by market trends and broader economic factors, the forecast suggests a price of $62,495 within the next year.
