According to analysts, the recent downturn in Bitcoin price is seen as a temporary shakeout, not signifying the end of its established four-year cycle. Despite bearish indicators, historical data indicates that corrections are normal during bull runs.

Growing institutional interest is highlighted by the launch of US spot Bitcoin ETFs with cumulative holdings surpassing 125 billion USD. A daily close above 84,000 USD signifies positive momentum; however, Bitcoin’s correlation with traditional markets may impact its future price movements.