Bitcoin’s $93K Dip Viewed as Potential Final Shakeout
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Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.
Crypto market analysts say Bitcoin’s recent dive below $93,000 will be short-lived and the asset is still on track to reach six figures before the end of the year.
Bitcoin has pulled back almost 7% from its Nov. 22 all-time high of $99,645, hitting an intraday low of $92,775 during early trading on Nov. 26. Still, the asset recovered to trade at around $94,600 at the time of writing and analysts remain bullish for the remainder of this year.
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