Bitcoin commanded 43.06% of social media discussions, signaling an entry point for investors. The price peaked at 123,100 USD but faced corrections shortly after, with reports indicating a drop to 117,011 USD.
Analysts like Brian Quinlivan caution that increased retail interest may lead to corrections, while others believe the price uptrend isn’t over yet. Waiting for market euphorias to settle could present better buying opportunities.
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