Bitcoin has slipped under five figures, currently sitting near â $99,728, based on the latest TradingView readings â a surprising turn considering its recent strength. đ
Analysts are now watching closely for a possible 60-day cycle low, and the current price behavior fits the pattern. After an extended push upward, $BTC looks like itâs entering the final phase of a short-term correction.
Whatâs fueling the dip?
đ§ Momentum cooling off
đŠ Institutional inflows slowing
⥠Volatility creeping back
đ„ The key $100K psychological barrier showing cracks
This isnât a bull-market breakdown, but it is likely a pause in the runaway rally. The real focus now is the mid-$90K support levels â these zones could flip from âtake-profit territoryâ into prime accumulation areas.
So the question is simple:
đ Are you preparing to buy the dip, or sitting this one out?
