{"id":44946,"date":"2025-02-17T13:17:08","date_gmt":"2025-02-17T13:17:08","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=44946"},"modified":"2025-02-17T13:17:09","modified_gmt":"2025-02-17T13:17:09","slug":"expected-btc-correction-of-up-to-30-before-reaching-the-100000-mark","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/expected-btc-correction-of-up-to-30-before-reaching-the-100000-mark\/","title":{"rendered":"Expected BTC correction of up to 30% before reaching the $100,000 mark"},"content":{"rendered":"\n

Bitcoin may be approaching the historic $100,000 mark, but analysts warn that there could be up to a 30% correction before it is reached.<\/strong> The cryptocurrency market is known for its volatility, and the move to a six-figure price tag could be accompanied by significant fluctuations.<\/strong><\/p>\n\n\n\n

Bitcoin still in an uptrend<\/h2>\n\n\n\n

At the time of writing, bitcoin was trading at $96,458, down more than 3% from its all-time high of $99,800 reached on November 22. Although there has been a slight decline, the long-term trend remains bullish and investors are still expecting the USD 100,000 mark to be crossed.<\/p>\n\n\n\n

Analysts agree that reaching USD 100,000 is only a matter of time, but some warn of a deeper correction<\/a> before that milestone. According to Ryan Lee, principal analyst at Bitget Research<\/a>, bitcoin could fall as much as 30% before resuming its uptrend. “Investors will have to face a sharp correction as they try to break the important USD 100,000 mark. Historical data shows that bitcoin could fall as much as 30% before reaching its cyclical peak,” Lee said.<\/p>\n\n\n\n

The impact of ETFs and institutional interest<\/h2>\n\n\n\n

The decline in bitcoin’s price has been compounded by a drop in investment in US bitcoin spot ETFs. According to data from Farside Investors, these funds saw net outflows of over $122 million over two days. <\/strong>On Nov. 27, the situation stabilized with modest inflows for Bitwise and VanEck, suggesting the market could be finding a balance.<\/p>\n\n\n\n

While the interest of large investors may fluctuate in the short term, most analysts agree that bitcoin’s growth is inevitable. According to Andy Liano, a blockchain<\/a> expert, breaking the $100,000 mark will not only become a price milestone, but also a symbol of boosting confidence in decentralized finance. The resurgence of ETF purchases<\/a>, combined with MicroStrategy’s recent $2.6 billion bond sale, could fuel further growth in the cryptocurrency market and push bitcoin to new all-time highs before the start of 2025.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin may be approaching the historic $100,000 mark, but analysts warn that there could be up to a 30% correction before it is reached. The cryptocurrency market is known for its volatility, and the move to a six-figure price tag could be accompanied by significant fluctuations. Bitcoin still in an uptrend At the time of […]<\/p>\n","protected":false},"author":2,"featured_media":44948,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162,15],"tags":[99,110,220],"class_list":["post-44946","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","category-kryptomeny","tag-bitcoin-en","tag-crypto","tag-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t