Bitcoin could see another week of correction before it manages to recover above $100,000, based on historical chart patterns.
Social sentiment around Bitcoin has hit its lowest point in 2024, which could signal an incoming recovery above the $100,000 mark for the world’s largest cryptocurrency.
Bitcoin’s (BTC) price is currently down over 10% from its all-time high of above $108,300 recorded on Dec. 17, trading above $97,150 as of 12:38 pm UTC, Cointelegraph data shows.
BTC/USD 1-month chart. Source: Cointelegraph
