Bitcoin traders anticipate some price pullbacks but also see $73,000 as a potential target in the coming weeks. Currently trading at $67,054, Bitcoin has maintained strong performance despite recent volatility. Analysts have noted that Bitcoin has broken a key descending trendline, indicating potential further gains. While some traders express confidence that Bitcoin could clear the $70,000 mark soon, there are warnings about geopolitical risks that could lead to short-term declines. Notably, Bitcoin ETF investors have significantly increased their purchases, buying over 36,500 BTC in a short period, suggesting a robust demand that outpaces daily mining outputs. Experts remain optimistic about Bitcoin surpassing its current all-time high of $73,679 by the end of 2024, though they acknowledge that some volatility is likely before achieving this milestone.

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