Bitcoin’s Price Discovery Cycle: What Comes Next?

Description

Bitcoin price is currently testing support levels below the $101,000 level. Bitcoin’s shallow correction suggests less volatility than previous pullbacks in 2021, 2017 A breakout above $107,000 may trigger a short squeeze, pushing Bitcoin to new highs. Bitcoin’s price has once again dropped below $101,000, sparking concern across the market. While the market is currently in a state of flux, this doesn’t mean the bull run is over. According to analyst Rekt Capital, Bitcoin is in a parabolic upsid...