$BTC :

Bitcoin is currently trading above $108,000 after a strong upward wave. Analysts have predicted two corrections: the first at 107K, which has occurred, and the second expected near 98K. The overall trend remains bullish, but a temporary drop may occur to re-test support levels. If the price fails to break through 110K, it may drop back towards 100K–98K before continuing the rise towards 120K and above.