BTC price is experiencing a consolidation phase after failing to surpass recent 17-month highs.
BTC fell below $34,000 after the Wall Street open on October 26.
$33,000 is seen as a crucial level to hold for BTC price.
Market participants have different price zones of interest, with $36,000 and $45,000 being mentioned as potential targets.
Some traders believe that the $20,000 CME gap fill is unlikely to happen during the current market conditions.
Investors should conduct their own research and be aware of the risks involved in cryptocurrency trading.