CoinShares predicts Bitcoin will remain below $80,000 this year

CoinShares does not expect Bitcoin (BTC) to surpass $80,000 this year, citing a hawkish Federal Reserve and the failure of the CLARITY Act. While VanEck maintains a bullish outlook of $100,000 within a year due to government debt concerns, CoinShares emphasizes that a policy shift or improved inflation data is required for a breakout. Meanwhile, on-chain data from Glassnode indicates Bitcoin is trading below its True Market Mean.