Will Bitcoin price never reach up to $58K level again?

Will Bitcoin price never reach up to $58K level again?

The price of Bitcoin and all altcoins has been stuck in a certain price range since May 19, 2021. Just as it could not exceed $40K, it could no longer exceed $35K. Cryptocurrency markets have been very sluggish for the past few weeks, with trading volume at the bottom. Therefore, the morale of the small investor continues to deteriorate. This compression process in the narrow area persists. Bitcoin is not allowed to go above $40K, but it cannot go down to $20K.

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