Bitcoin ($BTC) is predicted to experience a 20-30% pullback, potentially correcting to $50-60k while maintaining a bullish long-term trend. Traders suggest that dips during a bull market are normal, with expectations of a significant price drop. Despite sell-side pressure and short positions, there is optimism regarding the market's resilience and potential for a bounce at $64500.
Don’t panic when price gets there https://t.co/9rV0Am7xUu
Wow A 50% pullback followed by sideways for a few months wouldn’t be the worst thing in the world https://t.co/3HYvf5QbMJ
Ya'll acting like this flush is the end of the bull cycle. Imagine being bearish after $BTC breaks its old all time high one month before the halving and while ETF's are setting new demand & volume records. We're going to have another 10+ corrections on our way to set the new…