Bitcoin headed for breakout or breakdown? Analysts weigh in


$ 101,895.8
€ 87,595.4
¥ 38,800.0
£ 77,275.0
BTC
-0.28 %
$ 3,391.89
€ 2,918.61
¥ 1,292.08
£ 2,571.79
ETH
-1.05 %
$ 379.53
€ 326.17
¥ 144.82
£ 287.76
XMR
1.01 %
$ 99.61
€ 85.61
¥ 37.91
£ 75.49
LTC
-0.45 %

Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.