BTC Price Plateau Sparks Fears of Deeper Correction
Bitcoin's price has stalled at $84.5K, sparking concerns about a potential deeper reset in the market.
The current situation echoes the previous BTC price dips seen in May and June, where prices hovered around $80K before recovering.
Some analysts believe that Bitcoin is due for another correction, with some predicting a possible 10-20% drop in the coming weeks.
However, others argue that the market has already priced in potential risks, making it less likely for a deeper reset to occur.