The post Bitcoin Price Dips After Reaching $102K: Is $95K Next? appeared first on Coinpedia Fintech News
Bitcoin price is down by more than four percent in the last 24 hours and is trading below the $98k mark at the time of writing. Analyst Crypto Capo recently said that the market might see a 5 to 15 percent drop soon and said that that could be a great ‘buy the dip’ opportunity. Many are still wondering if BTC has topped or not. Bitcoin hit a high of $102,712 on January 7 and then hit a reverse, erasing the gains.
The latest price action continues to raise questions about Bitcoin’s next big move. Despite recent pullbacks, the current trend remains upward, with Bitcoin holding above key support levels. While the recent corrections have been minor and appear part of a larger ongoing uptrend, the potential for new all-time highs, around $130,000 or more, remains intact.
Bitcoin’s recent move has pushed the price past important levels, like $100,800, indicating sho
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