5 Reasons Bitcoin Price Can See Steep Correction Before $100K

Bitcoin investors have been looking forward to $100K levels as the bulls hold BTC above $90,000 on the weekly close. However, the latest on-chain data and metrics indicate Bitcoin price could face a steep correction of 10-15% ahead. This means that BTC price may slip to $76,000 first before resuming the next rally to $100K, which is also in line with technical chart patterns.