Bitcoin Price: Why BTC Could Plunge To $60,000 Before Reaching $80,000

The crypto market is back on its choppy trend as the industry waits on the Securities and Exchange Commission (SEC) to decide on the face of proposed spot Ethereum ETFs. Prices broke out splendidly on Monday after analysts revised their prediction for the approval to a 75% chance from a 25%. Bitcoin price rallied to $72,000 continuing last week’s bullish trend above $67,000.