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Bitcoin’s recent rally to record highs has been followed by turbulence, with analysts predicting sideways trading until September. A market expert warns of a potential steep correction next month, urging traders to prepare strategically. The broader crypto market is mirroring Bitcoin’s volatility, with mixed performances among altcoins.
- Bitcoin is expected to trade sideways within an 8% range until September, followed by a sharp correction, according to analyst Doctor Profit.
- Key support levels to watch include $119,500, which BTC must reclaim to maintain its bullish outlook, per Titan of Crypto.
- Altcoins show mixed performance, with Chainlink (LINK) and Cardano (ADA) posting weekly gains despite broader market declines.
📎 Related coverage from: cryptopotato.com