Bitcoin: Why Recent Dip Won't Close Door on $105k Rally
Throughout the first several months of the year, volatility has been the name of the game for the crypto market. There have been major developments taking place within the industry itself, while asset prices have been unable to take full advantage. Although Bitcoin is facing that volatility again in the form of a recent dip, that shouldn’t hinder BTC from reaching the $105k mark once again. The asset has surged back other six-figure mark to start Q2 after a sluggish start to the year. However, the increased uncertainty has many concerned with a recent price pullback. Although the price has fallen slightly, there may be enough protections in place to ensure a rally is on the horizon. Source: Watcher Guru Also Read: Fidelity Investments Predicts New Bitcoin All-Time High Incoming Bitcoin Surrenders $103k But That May Not be Enough to Stop an Imminent Rally At the start of the week, Ark Invest CEO Cathie Wood gave a rather optimistic perspective on Bitcoin’s price. Specifically...