$BTC Bitcoin Hits $100K , but 30% Correction Is Expected in Next 4-8 Weeks

The post Bitcoin Hits $100K , But 30% Correction Is Expected in Next 4-8 Weeks appeared first on Coinpedia Fintech News

The Bitcoin market is in a highly bullish phase, with many believing it could soon cross the $100K milestone. Investors are riding a wave of optimism as Bitcoin has surged by 45.65% since November 5, while the Altcoin market has seen an equally impressive rise of 46.57%.

It seems the market is unstoppable—or there is a correction incoming? Bitcoin is charging towards $100,000, up 0.99% since yesterday, and still holding strong with a 59.23% dominance. However, a slight dip in trading volume shows traders are both bullish and cautious.