The currency $BTC has seen some decline over the past two days, falling to levels close to $105,000 after being on the verge of $112,000. Despite this, analysts see it as just a natural correction after a strong upward wave and profit-taking sales.
As for the technical indicators, they still remain positive, and Bitcoin is showing clear resilience that may pave the way for a new surge in the coming days, especially with the increasing interest from institutional investors.
In light of the improved outlook for the market, and continued support from favorable economic and political events, Bitcoin is still considered to be in a safe zone, and the near future could be very promising for patient traders.
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