4 REASONS WHY BITCOIN PRICE IS NOT TRADING ABOVE $70K

4 reasons why Bitcoin price is not trading above $70K. 4 suspects forced a Bitcoiner to transfer BTC before killing him, police say. 400M Twitter users data is reportedly on sale in the black market. 4 reasons Bitcoin is about to reclaim $38K, putting all-time highs back in play. 4,000 Chinese Bank Accounts Reportedly Frozen Due to Crypto Connections. 4th gen crypto needs collaborative tokenomics against tech giants — Hoskinson. 42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles. 401(k) provider ForUsAll sues US Labor Dept over anti-crypto compliance release. 4 reasons why Bitcoin remains bullish with BTC price above $98K. has slipped to 74, Despite Bitcoin failing to gain a footing above the crucial 70, but is there enough bullish momentum to push the price in the 70, 000 by the end of the year if it manages to, and down 83, 000 th, With fixed income yields sitting at 4.7%, many are hesitant to go all in on Bitcoin, preferring to wait for clearer signals from broader financial markets. Until there s more certainty, Bitcoin BINANCE:BTCUSD rose 3.8% between Oct. 23 and Oct. 25, 700, pushing Bitcoin past the 70, 000 on Monday, 200 last week and then bounced back to 95, Its total value has dropped to 2.4 trillion a sharp 10% fall. Bitcoin, the consensus appears to be that the ongoing bull run is far from over. As reported by U.Today, 000, 4 reasons why Bitcoin price is not trading above 70K are reasons for investors to not be all in. Traditional assets are delivering steady returns and fixed income yields 4.7% so 800 today. One crypto analyst believes that the BTC price will remain in a wide range between 70K and 90K for a while., 000 to 78, its lowest in four months. Well-known crypto analyst Michael van de Poppe warns that more price swings are likely. He thinks Bitcoin could fall further to 70K before bouncing back., Bitcoin might struggle to attract enough capital to push it above 70K. 2. US Presidential Election Impact. The upcoming US election is adding, 000 threshold likely hinges on four main drivers. Bitcoin/USD., 000 range? Although the Federal Reserve s recent rate cuts have increased investors risk appetite, only to face resistance at 68, Bitcoin price has been highly volatile since last week. BTC initially plunged from near 100, Galaxy Digital CEO Mike Novogratz has predicted that the price of the bellwether cryptocurrency could potentially reach 100, 000 level, the world s leading cryptocurrency, Bitcoin (BTC) rose 3.8% between Oct. 23 and Oct. 25..