Bitcoin Price Prediction Hints Rally to $45K as Buyers Break 15-Month Barrier

Bitcoin Price Prediction: Throughout 2023, Bitcoin (BTC) investors have witnessed a consistent uptrend, characterized by the formation of a rising wedge pattern. This pattern, defined by two ascending trend lines, has served as a dynamic barrier and support system, fostering a slow but sustainable recovery. A significant contributor to the current buying pressure is the growing anticipation surrounding the approval of Bitcoin spot ETFs. Recently, the BTC price surpassed the upper trendline of this pattern, a move signaling that buyers might be gearing up for a more aggressive rally.