The recent pullback in Bitcoin's price has raised concerns about the end of the bull run, but experts like Matthew Sigel from VanEck are reassured by historical patterns. Sigel points out that previous bull cycles also experienced significant corrections before reaching new highs. He has continued to accumulate Bitcoin during this pullback while others sell. Other analysts, such as Rekt Capital and Crypto Caesar, also note that these corrections are common during bull markets. However, analysts like CrypNuevo anticipate further dips in March, potentially testing support levels. Market veteran Michaël van de Poppe attributes the volatility to external factors and sees it as a buying opportunity. Despite the pullback, analyst Wimar predicts that the biggest bull run in Bitcoin's history is just days away, projecting a climb to $250,000 in 2025. The current price of Bitcoin is $81,596, down 5.5% in the past 24 hours.



Other News from Today