📈 Bitcoin Breaks $80k—Is a Short-Term Correction Coming?

Over the weekend, #Bitcoin surged past $80,000 amid hopes for relaxed crypto regulations, boosting investor sentiment. Meme coins like #Dogecoin and #ShibaInu also jumped over 30%. 🚀

However, some analysts warn of a possible short-term pullback. Popular crypto analyst WhalePanda, with 290k followers on X, cautioned that weekend gains on low liquidity could retrace on busier trading days. 📉

According to Elliott Wave Theory, $BTC’s steep rally may indicate the final phase of an upward trend, signaling a potential cooling period. 📊

With excess capital in money market funds, funds may still flow into crypto, but keep an eye out for signs of overheating! 🔥

#Crypto #$BTC #BitcoinVolatility #Investing #CryptoMarket