Although the Bitcoin price has been rejected at $45,000 several times in 2021, it is still possible that it could break through this level sometime before 2024. There are a few short-term catalysts that could push the price of BTC beyond this resistance level in the coming weeks or months; these include increased institutional adoption, a surge in retail traders, and bullish sentiment on Bitcoin. The intensity of these elements could drive the Bitcoin price higher, and could even cause it to break through the $45,000 barrier. However, the success of this is not guaranteed, and much of the future price action will be down to the strength of the Bitcoin market and the overall sentiment of the crypto space.
Bitcoin Price Prediction: BTC Still Rejected at $45,000 – Can it Breakthrough Before 2024?
