Coin-Turk 15 minutes ago
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Renowned crypto analyst Rekt Capital suggests that the potential price correction of Bitcoin 
$95,381 in the coming weeks could actually be beneficial for its bull market. In a recent video update, Rekt Capital examined the Pi Cycle Top Indicator, which aims to predict Bitcoin’s market cycle peaks by analyzing the intersections of two moving averages.
Analysis of the Pi Cycle Top Indicator
Rekt Capital highlighted that due to Bitcoin’s rapid rise in recent months, the 111-Day Moving Average (DMA) of the Pi Cycle Top is at risk of crossing above the 350 DMA X2, indicating a bearish intersection and a cycle peak. This insight reveals concerns regarding the sustainability of the current upward trend.
Impact of the Expected Correction
The analyst indicated that a correction for BTC is not only likely …
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