The current Bitcoin price fluctuations have not raised any alarms, as corrections are expected and are needed for the price to continue to rally. As the analyst explains, such fluctuations usually see the cryptocurrency reach new higher highs over the longer timeframe.
This $100,000 level has remained a psychological level since it was first hit back in December 2024, becoming the level to hold if the market were to continue its uptrend. The crypto analyst explains that as long as the Bitcoin price remains above $100,000, then the bulls will continue to be in control.
“After a few weeks, or several months, exactly as it happened last time, Bitcoin will go up. So you can expect retraces and corrections, but this is only short-term long-term we grow,” Master Ananda stated.
