Zhuoer Sees $83,000-$84,000 Before Bitcoin Correction

Jiang Zhuoer, a well-known Chinese cryptocurrency miner and founder of BTC.TOP, has shared his assessment of Bitcoin's current market trend.

In a recent post on account X, Jiang stated that Bitcoin's uptrend is not yet over but may soon be followed by a significant correction in the market.

Jiang believes that Bitcoin could reach the $83,000-$84,000 range before pulling back. He also noted that the cryptocurrency is still moving within an upward channel, but this does not preclude the possibility of a correction.

Jiang's base scenario predicts that after testing the $83,000-$84,000 region, Bitcoin will retreat to around $72,000.