Bitcoin ($BTC ) Price Analysis – Is a Bull Run Coming?

A cup-and-handle formation has been identified, suggesting a potential rally to over $130,000.

Market Corrections: Analysts warn of a possible decline to $73,000 due to weak support levels, drawing parallels to previous market downturns.

Elliott Wave Analysis: Current price movements indicate an upward trend as part of Wave B, with potential resistance tests before a further decline into Wave C.

** Some technical indicators point toward a strong bullish surge, prevailing market conditions and technical analyses suggest caution.