Bitcoin prices are hovering around $60,000, with whale trading activity unusually subdued, indicating market hesitation ahead of the key regulatory deadline related to the Clarity Act (March 1). Analysts note that if market sentiment improves, a 15% rebound could push Bitcoin to $80,000, while Ethereum could rebound 20% to $2,500. The current price compression and suppression of large transactions suggest that market volatility is about to increase significantly.
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Bitcoin prices are hovering around $60,000, with whale trading activity unusually subdued, indicating market hesitation ahead of the key regulatory deadline related to the Clarity Act (March 1). Analysts note that if market sentiment improves, a 15% rebound could push Bitcoin to $80,000, while Ethereum could rebound 20% to $2,500. The current price compression and suppression of large transactions suggest that market volatility is about to increase significantly.