Don’t Sell Bitcoin Now — The Bull Trend Is Still Alive, Analysts Say

Following a sharp correction from its $126,000 peak, Bitcoin is currently trading below $102,000. This price range is prompting concerns among investors that it could signal the start of a deeper downtrend. However, historical data, technical indicators, and macroeconomic factors suggest that Bitcoin still has room to grow before the current bull cycle ends. The Technical Structure Remains Bullish Despite the Correction According to analyst Colin, Bitcoin’s (BTC) uptrend has not been broken as long as the price remains above the 50-week Simple Moving Average (SMA), despite slowing ETF inflows and limited liquidity source: https://beincrypto.com/dont-sell-bitcoin-now-the-bull-trend-is-still-alive-analysts-say/