The crypto giant Bitcoin ($BTC) is shaking up the market yet again! After reaching an all-time high of $99,845 on Nov. 22, BTC slipped to $92,775, marking a 7% drop. But true to form, Bitcoin is already rebounding, trading near $95,000 as of Nov. 26.

While the dip has traders buzzing, $BTC is still up 40% this month, keeping the long-term bullish sentiment alive. So, what’s next?

What’s Driving Bitcoin’s Dip?

1️⃣ Profit-Taking by Long-Term Holders

• On-chain data reveals that long-term holders sold $60B worth of BTC over the past month.

• Analyst James Check calls this “the largest profit-taking event of the cycle” as seasoned investors cash in on the highs.

2️⃣ Institutional Moves

• 🚨 MicroStrategy made headlines with a $5.4B purchase of 55,500 BTC on Nov. 25.

• Despite this massive buy, Bitcoin struggled to break the critical $100k mark, leaving analysts scratching their heads.

• Mags: “Saylor just bought $5.4B of Bitcoin. Who’s selling at these levels?”

• DonAlt: “Saylor tried to push $100k and failed. The market’s waiting for more buyers.”

3️⃣ Market Patterns

• History shows corrections are part of Bitcoin’s DNA during bull runs:

• 2013: 6 weeks up, 1 week correction (-34%)

• 2017: 7 weeks up, 1 week correction (-34%)

• 2021: Similar retracements before resuming uptrends

Now, after 4 weeks of price discovery, analysts predict a possible test of support in the high $80k range before the next rally.

Is $100K Still in Play?

Absolutely. Here’s why:

✅ Institutional Interest Remains Strong: Big players like ETFs and MicroStrategy aren’t slowing down.

✅ Profit-Taking Is Normal: This is just part of the bull cycle, not a sign of collapse.

✅ Historical Patterns Align: Past retracements have always been followed by major uptrends.

What Should Investors Do Now?

💡 Watch Key Levels: High $80k support is critical for determining Bitcoin’s next move.

💡 Stay Calm: Corrections like this are temporary in bull markets.

💡 Think Long Term: Bitcoin’s fundamentals remain rock solid—it’s still the top performer of the year!

💬 Your Turn:

Are you buying the dip or waiting for more downside? Drop your strategy in the comments! Let’s navigate this market together.

📈 Bitcoin isn’t just a currency—it’s a movement. Stay sharp, stay informed, and ride the wave! 🌊

#Write2Earn! #GODINDataForAI #BinanceHODLerTHE #cryptotipshop $BTC