Bitcoin Retraces Below $109,000: Analysts Split on Future Outlook

Bitcoin Retraces Below $109,000: Analysts Split on Future Outlook
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The market’s leading crypto, Bitcoin (BTC), has experienced a retracement below the $109,000 mark on Monday, following its recent surge to an all-time high (ATH) of $111,800 last week. As the cryptocurrency market reacts to these fluctuations, analysts find themselves divided on BTC’s price future trajectory.
Bitcoin Could Hit New ATH Of $113,000 This Week
Market expert Doctor Profit took to social media platform X (formerly Twitter) to reaffirm his bullish stance, citing the recent occurrence of a “Golden Cross”—a technical indicator that has historically signaled significant price increases. 

With an accuracy rate of 87.8% on higher time frames, the Golden Cross has flashed only twice in the past two years and has now reappeared. Doctor Profit emphasized its rarity, stating, “This is a rare and powerful signal that deserves serious attention.” 
The expert pointed out during his analysis that the previous instances when the Golden Cross appeared resulted

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