The Bitcoin market has shifted back into bearish territory following the failed attempt to surpass the $100K mark. As of Monday, Bitcoin was valued at $98,935 but has since fallen by 9% to $90,500, dangerously close to losing the $90K region.
Meanwhile, analysts like Ki Young Ju, CEO of CryptoQuant, believe Bitcoin’s bull run remains intact. He noted that the ongoing correction is consistent with the trend of previous cycles, where Bitcoin dips and rebounds multiple times before finally hitting a market top.
With widespread conviction that the market remains bullish, some analysts have highlighted promising tokens that market participants can now acquire at bargain prices amid the dip, effectively positioning themselves for the coming market rebound, where Bitcoin is expected to surpass the $100K level.
Meme Coins to Watch
Dogecoin (DOGE) remains a top pick in the meme coin sector. The token has shown remarkable strength…
