$BTC

Bitcoin has experienced a modest recovery early this week, trading at $57,400 at the time of writing.The opening of the U.S. markets and significant BTC transfers from Germany initially caused a decline in Bitcoin’s value.After a brief downturn, Bitcoin returned to its initial levels, leading experts to speculate on future market trends.

In the coming weeks, analysts project that Bitcoin could test levels around $70,000, spurred by consistent ETF channel demands and potential interest rate adjustments.