Bitcoin May 'Final Flush' To $104K Before the Bull Market Returns

Why It Matters

Traders and institutions face heightened short-term volatility risk, but analysts say a corrective move to this support could set the stage for a stronger, more sustainable rally.

Summary

Crypto analysts warned Bitcoin could undergo a “final flush” down to roughly $104,000 — near its 50-week moving average — before resuming a broader bull market, citing elevated leverage and historical support dynamics. The prospective pullback is framed as a necessary deleveraging that would shake out weak hands and re-establish technical footing for renewed upside. Traders and institutions face heightened short-term volatility risk, but analysts say a corrective move to this support could set the stage for a stronger, more sustainable rally.