Bitcoin's price remains steady above $65,000, leading some crypto analysts to question the likelihood of a significant correction in the near future. Despite a 15% drop from $66,421 on April 24 to $56,792 on May 2, Bitcoin's price rebounded above the critical support level at $65,146 by May 6. Some traders see this as a typical pattern during bull runs. Analysts are closely monitoring Bitcoin's price for further correction signs, particularly since the Bitcoin halving event on April 20. However, some believe that chart analysis will be futile until Bitcoin breaks out past $70,000, closer to its all-time high.