Analysts Expect One More Bitcoin Flush Before Bull Run
Pulse of the market
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Crypto market analysts warn Bitcoin could dip near $104,000 before the bull market resumes.
The 50-week simple moving average, now around $102,500, has historically acted as key support — tagged four times since mid-2023.
Analyst Sykodelic said, “It’s not what holders want to hear, but likely we take that out before the next reversal.”