Bitcoin’s price has recently dropped 7%, falling below the 2025 trendline support, which has reignited debates regarding market cycle tops. Current trading stands at approximately 115,000 USD, echoing the 2021 cycle top but under different macroeconomic circumstances.
Despite short-term bearish sentiments reflected in the options market, analysts suggest that the current pullback may be temporary. With macroeconomic shifts towards quantitative easing expected, the potential for a rebound remains strong.
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