Geopolitical conflicts might push Bitcoin below the critical $25,000 support level, posing risks for the cryptocurrency.Despite bitcoin’s recent consolidation between $26,000 and $28,000, the ongoing year has been much more successful for the asset than the second half of 2022. As we enter the last quarter of 2023, it is worth observing BTC’s possible deviation in the following months.
“After considering the above factors, we can conclude that the current forecast for Bitcoin price prediction is Bullish. BTC would have to increase by 20.69% to hit our $ 32,671 target within the next five days.” Phillip Shoemaker – Executive Director of Identity.com – supported that thesis, suggesting a drop below $25,000 could be on the cards:
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