🚀 Bitcoin is making us nervous again! After soaring above $100K, the BTC price has reversed direction and dropped to $92K. But don't worry, this is not the end of everything!
📉 Technical analysis shows that although there is potential for a deeper correction to $90K or even $80K, the trend line is still holding. So, there is hope for a bounce back above $100K.
📊 On the other hand, on-chain analysis shows that Bitcoin network activity has not yet peaked. If this activity does not increase soon, we could see a longer correction.
💬 What do you think? Will Bitcoin rise or will it plunge? Let's discuss in the comments column!