Deep Tide TechFlow News, on November 25, according to Bloomberg, Bitcoin experienced a correction after approaching the $100,000 milestone, dropping to a low of $95,776. Matt Maley, Chief Market Strategist at Miller Tabak + Co, pointed out that current market bullish sentiment is reaching extremes, and Bitcoin needs a brief pause. Since Trump's election, the market value of digital assets has increased by about $1 trillion.
FalconX Research Director David Lawant stated that as Bitcoin approaches $100,000, selling pressure has noticeably increased, and it is expected to consolidate around this price level. Stephane Ouellette, CEO of FRNT Financial, believes that while Bitcoin is in overbought territory, the current correction is limited, only returning to mid-last week levels.
