Since there is no expectation of an interest rate hike in the next two months, we will likely remain in a range between $62,000 and $75,000.
Building an analysis based on historical Bitcoin prices may not seem accurate, especially since there is no clear correlation, in addition to the good thing that we have been in a declining range for several months.
Yeah that speculation actually have sense to look at, since its hard to speculate for bullish movement in Q3 of this year.
Also if we look at the chart it seems that we are moving close to what happen on year 2024 on which Bitcoin move at similar range and experience modest movements. So yeah maybe we can expect Bitcoin to move at that price you speculated.
So looks like we might see a steady price consolidation and hard to expect some breakout.