📉 Bitcoin Correction on the Horizon?
Bitcoin may be heading toward the $100K zone after falling from its recent ATH above $124.5K. Analysts warn of short-term risks but note this pullback could be a setup for long-term growth.
Key points:
🔸 Market shows signs of profit-taking as BTC inflows to exchanges increase.
🔸 Altcoins are also experiencing heightened volatility, moving in sync with BTC.
🔸 On-chain data suggests potential for a 20% correction if bearish momentum holds.
Still, top analysts like PlanB and Mike Novogratz remain optimistic, predicting new all-time highs by 2025.
⚖️ Short-term: caution.
🚀 Long-term: bullish outlook remains strong.