Simple Rest for the Momentum! 😌🚀

Meanwhile, the chief financial officer and cryptocurrency analyst of BTC Markets, Charlie Sherry, told Cointelegraph that the recent drop of Bitcoin to $93,000 is "best understood as part of its historical pattern of sharp gains followed by healthy corrections."

He added that these pullbacks "demonstrate a cyclical pattern that allows the market to consolidate gains and reduce leverage before moving further" and predicted that this could be the last correction before it reaches six figures.

"The drop to $92,600 aligns with this trend, suggesting it could be the 'last correction' before Bitcoin finally surpasses $100,000."