Despite concerns among investors due to a recent price drop, Bitcoin’s historic bull Market remains viable, with analysts suggesting the current correction may be a temporary shakeout before further gains. Bitcoin’s price fell 22% from its peak of over $109,000, but historical trends indicate that such corrections are normal within bull cycles. While bearish technical ...
Despite the recent dip in Bitcoin’s value, Market analysts believe that the cryptocurrency’s long-term bull cycle remains unharmed. Currently, Bitcoin is down 22% from its peak of over $109,000, attributed to investor fears and Market corrections. However, analysts suggest this could be a temporary shakeout rather than the start of a bear Market. The launch ...
Dan Morehead, CEO of Pantera Capital, anticipates that the cryptocurrency Market will experience a significant bull cycle peak in August 2025, driven by Bitcoin’s established four-year halving cycle. Each halving event, which reduces miners’ rewards and tightens supply, has historically led to price surges before and after. Morehead predicts Bitcoin will hit a price target ...
