Bitcoin Price Today: Cycle Pattern Points To $100K Despite Binance Hack Dip
Photo: Coinpedia
Bitcoin’s chart is closely following the same structure that came before its last major recovery, pointing to a possible climb toward $100,000. A strong bullish divergence formed on the weekly chart right at the cycle low, where price made a lower low while momentum turned higher. A sharp breakout followed, matching the move seen in 2022. That rally then swept the most recent high, another step repeated from the previous cycle. The current dip appears to be a modest correction toward the recent low.
Source: Coinpedia
