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Bitcoin to $78K? Pro traders price in less than 17% odds of a breakout

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 91 Views

Bitcoin to $78K? Pro traders price in less than 17% odds of a breakout

Bitcoin remains under pressure as war and poor jobs data offset ETF inflows, shifting the $78,000 price target from late March to the coming months.

Key takeaways:

Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows.

US and Israel-Iran war and soft US labor data offset momentum in Bitcoin ETFs.

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