Overview
- Bitcoin has pulled back from highs near $114,500 to roughly $101,500–$101,751 in recent trading, leaving the market in a consolidation phase.
- Some technical analysts outline a potential multi‑month advance toward about $200,000–$240,000, citing wave counts and a bounce off the 40‑week simple moving average.
- Others warn a near‑term drop could follow if $100,000 support fails, with levels discussed around $98,000 and, in a deeper slide, toward roughly $74,000.
- Market commentary points to miner revenue and reserves, large‑wallet accumulation, and shifting ETF flows as signals of longer‑term strength building.
- Sponsored coverage promotes Remittix as a PayFi token claiming over $28 million raised, about 684 million tokens sold, a live wallet beta, CertiK verification, and listings on BitMart and LBank.