Bitcoin‘s recent price dip below $115,000 on August 2 marked the onset of a corrective phase. This nearly 10% drop from its recent highs did not come as a shock to market analyst Master Ananda, who interprets it as part of a natural market cycle. Despite the downturn, Bitcoin remains above $113,500, exhibiting a familiar pattern of consolidation that has previously set the stage for substantial gains. Ananda emphasizes that the upward trend is likely to persist as long as essential support levels are not breached.#bitcoin #BEARISH📉