Bitcoin's recent dip below $93,000 has analysts predicting a short-lived correction, with expectations of hitting six figures by year's end. After a 7% drop from its all-time high of $99,645, Bitcoin rebounded to around $94,600. Experts like Markus Thielen and Charlie Sherry see this as a typical consolidation phase. Sherry notes the potential for Bitcoin to test support levels between $88,000 and $90,000, but remains optimistic about surpassing $100,000 soon. CK Zheng highlights $100,000 as a key resistance level, expecting Bitcoin to break through in the coming months.
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