Bitcoin (BTC) is likely nearing the end of a seven-month correction period, according to insights from multiple crypto experts. Renowned trader Rekt Capital has observed that Bitcoin is attempting to break above a key resistance level that was formed after the asset's all-time high in March. Vetle Lunde, an analyst at Arcane Research, has also noted that the annual net inflow into Bitcoin investment products is on track to surpass the previous record set in 2020. Currently, the net inflow stands at 373,000 BTC, already exceeding the previous high of 360,000 BTC. These inflows are likely contributing to the recent appreciation in Bitcoin's price. Overall, the analysis suggests that Bitcoin is poised for a potential upward trajectory as it emerges from its extended correction phase.

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