Bitcoin Analysts Predict 30% Correction Before Surge to $100K

Bitcoin Faces Potential Correction Before $100,000 Milestone

Bitcoin’s (BTC) bullish run toward the six-figure mark could face a 20–30% correction, according to market analysts. Currently trading at $96,656, BTC is down 7% from its all-time high of $99,800 reached on November 22, based on Cointelegraph data.

Analysts Weigh the Correction Scenario

Historical Trends Suggest a 30% Pullback
Ryan Lee, chief analyst at Bitget Research, believes Bitcoin’s journey to $100,000 could involve intense corrections, noting:

“Historical data trends show that Bitcoin may still correct as much as 30% before it reaches its cyclical top.”

A 30% retracement from $99,800 would hypothetically bring BTC below $70,000, offering a potential re-entry point for investors.

Market Equilibrium Ahead of Next Rally

Bitfinex analysts attribute the current correction to slowing ETF inflows and MicroStrategy’s pause in Bitcoin purchases. They added:

“It is quite normal for the price to undergo some correction and seek out a new supply-demand equilibrium as marginal buying ends.”

Why $100K Is Still Within Reach

Institutional Adoption and ETF Flows

Despite temporary outflows, U.S. spot Bitcoin (BTC) ETFs are expected to regain momentum, providing a catalyst for Bitcoin’s next leg up. Bitfinex analysts emphasized:

“Renewed ETF buying and MicroStrategy’s latest $2.6 billion note sale will bolster cryptocurrencies to new all-time highs leading into 2025.”

A Paradigm Shift in Finance

Intergovernmental blockchain expert Anndy Lian sees $100,000 as more than a price milestone:

“As global adoption accelerates and institutional interest deepens, $100,000 symbolizes a paradigm shift in how we perceive and utilize money.”

Key Factors to Watch

Short-Term Risks

• Potential Correction: 20–30% pullback to $70,000–$75,000 range.
• ETF Outflows: Cumulative outflows of $122 million on November 26 suggest near-term sluggishness.

Long-Term Drivers

• ETF Resurgence: Renewed inflows expected to drive BTC’s price higher.
• Institutional Buying: MicroStrategy’s continued Bitcoin accumulation remains a bullish factor.

A Temporary Setback for Long-Term Gains

Bitcoin’s path to $100,000 may include a significant correction, but analysts remain confident in its long-term prospects. As ETF flows recover and institutional interest deepens, BTC appears well-positioned to not only reach six figures but also redefine the future of digital finance, according to Cointelegraph.