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Bitcoin

Bitcoin’s correction to $ 76,000 will be a negative deviation, according to the Crypto analyst – here is the reason.

An analyst, who was accurately called Bitcoin, believes that BTC is still on the emerging market after being bounced from 2025 from $ 76,000.

Rikt Capital Recount His 542,00 followers on the X social media platform, which has not reached the current emerging market cycle in Bitcoin to its peak.

“BTC Bull Market Progress: 82.5 % (progress will accelerate equivalent progress and slow down in deeper recovery operations).”

Source: Rekt Capital/X.

Also analyst Recount Its 107,000 subscribers in YouTube subscribers that the latest Bitcoin correction to $ 76,000 is not a sign of the bear market beginning based on historical priority.

“Many people were talking about this being the bear market, but it seems that it is a period of deviation on the negative side that is very similar to what we saw again in the past. [in 2024].

This was a 32 % decline [in 2024]. This is 30 % declining [when Bitcoin corrected to the $76,000 range this month]The very similar negative deviation in this regard, but it is really important to maintain a level head and look at the data, consider the chart, and enlarge when it is in doubt. ”

Source: Rekt Capital/YouTube

In technical analysis, the negative deviation is the preparation as the original breaks its immediate support to print a false collapse before igniting healing and gathering to new levels.

Bitcoin is trading for $ 88,028 at the time of writing this report, an increase of 3.4 % in the past 24 hours.

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