Bitcoin dip making ‘perfect bottom,’ says analyst: Will BTC rally to $148K?

Bitcoin’s recent drop finds it retesting a vital support level, which previously spurred a 25% rise. This aligns with bullish targets, setting the stage for a significant price rebound toward $148,000.

Historical data shows that past sell-offs by whales often precede consolidation and subsequent price growth. An analyst forecasts that a drop into the $110,000–$112,000 range could form an ideal bottom for Bitcoin.

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