$BTC

Bitcoin experienced a correction today, dipping to $101,000, a roughly 1.5% drop from recent highs around $105000.

The pullback follows a strong rally past $100,000, driven by ETF inflows and institutional FOMO. Technical indicators suggest Bitcoin is consolidating in a $101,000–$105,000 range, with resistance at the weekly open.

On-chain data shows exchange supply dropped 3.9%, signaling rising holder conviction. If $100,000 support fails, bids may emerge at $98,800 or $93,500.

Despite the dip, bullish sentiment persists, with analysts eyeing a potential retest of $105,000–$110,000 if momentum holds.

This is a critical moment in the market. You have to make sure you Do Your Own Research before making any investment now. Stay alert as the market may dip further.