Bernstein: Bitcoin is expected to remain in a range before breaking out of the upward trend

Odaily News "Bitcoin price action is flat, but we are not concerned about a significant drop in price," Gautam Chhugani and Mahika Sapra, analysts at research and brokerage firm Bernstein, wrote in a note to clients on Monday. "We expect Bitcoin to remain range-bound and break out to the upside, continuing its upward adoption trajectory as Bitcoin ETFs see allocations from RIAs, wealth platforms and other institutional funds." (The Block)