“A correction is possible,” analysts at CryptoQuant warn, highlighting a potential temporary drop in Bitcoin’s price to the $70,000 range. Despite its confident rise to $90,000, the market may enter a “cooling phase” before continuing toward the coveted $100,000 mark.

According to CryptoQuant, the potential correction may result from the widening gap between the seven-day and 30-day moving averages, currently at 19%. “This indicates strong buying pressure but also hints at the need for a pullback,” says analyst BaroVirtual.

Possible scenarios, as outlined by experts: Bitcoin may either consolidate within the $87,000–$93,000 range and then continue its rise to $104,000–$120,000 or temporarily drop to $71,000–$77,000 before resuming its upward movement.

However, despite the likelihood of a correction, whale activity remains high. Large investors continue to accumulate Bitcoin, signaling sustained market optimism. “Any price dip is expected to be short-lived,” experts assure.