Bitcoin News Today: Bitcoin (BTC) Analysts Expect 30% Correction Before $100K Rally

Bitcoin (BTC) could face a 20–30% correction before breaching the $100K mark, analysts say. Learn why ETF inflows and institutional interest remain pivotal for BTC's next leg up.Bitcoin Faces Potential Correction Before $100,000 MilestoneBitcoin’s (BTC) bullish run toward the six-figure mark could face a 20–30% correction, according to market analysts. Currently trading at $96,656, BTC is down 7% from its all-time high of $99,800 reached on Nov. 22, based on Cointelegraph data.Analysts Weigh the Correction ScenarioHistorical Trends Suggest a 30% PullbackRyan Lee, chief analyst at Bitget Research, believes Bitcoin’s journey to $100,000 could involve intense corrections, noting:“Historical data trends show that Bitcoin may still correct as much as 30% before it reaches its cyclical top.”A 30% retracement from $99,800 would hypothetically bring BTC below $70,000, offering a potential re-entry point for investors.Market Equilibrium Ahead of Next RallyBitfinex analysts attribute the current correction to slowing ETF inflows and MicroStrategy’s pause in Bitcoin purchases. They added: “It is quite normal for the price to undergo some correction and seek out a new supply-demand equilibrium as marginal buying ends.”Why $100K Is Still Within ReachInstitutional Adoption and ETF FlowsDespite temporary outflows, U.S. spot Bitcoin (BTC) ETFs are expected to regain momentum, providing a catalyst for Bitcoin’s next leg up. Bitfinex analysts emphasized:“Renewed ETF buying and MicroStrategy’s latest $2.6 billion note sale will bolster cryptocurrencies to new all-time highs leading into 2025.”A Paradigm Shift in FinanceIntergovernmental blockchain expert Anndy Lian sees $100,000 as more than a price milestone:“As global adoption accelerates and institutional interest deepens, $100,000 symbolizes a paradigm shift in how we perceive and utilize money.”Key Factors to WatchShort-Term Risks Potential Correction: 20–30% pullback to $70,000–$75,000 range.ETF Outflows: Cumulative outflows of $122 million on Nov. 26 suggest near-term sluggishness.Long-Term DriversETF Resurgence: Renewed inflows expected to drive BTC’s price higher.Institutional Buying: MicroStrategy’s continued Bitcoin accumulation remains a bullish factor.A Temporary Setback for Long-Term GainsBitcoin’s path to $100,000 may include a significant correction, but analysts remain confident in its long-term prospects. As ETF flows recover and institutional interest deepens, BTC appears well-positioned to not only reach six figures but also redefine the future of digital finance, according to Cointelegraph.