Analyst Raises Concerns Over Bitcoin Rally, Anticipates 35% Pullback After Spike

While Bitcoin (BTC) remains in a consolidation phase above the $34,000 threshold, with the objective of surpassing and reclaiming its yearly peak, there are speculations indicating the likelihood of a retracement following the current upward surge in the upcoming weeks. Addressing this topic, the prominent crypto analyst, using the pseudonym "Crypto Soulz," has offered insights into a possible short-term retracement for Bitcoin in a recent X (formerly Twitter) post. KEEP READING