Bitcoin and other altcoins took a dip today.
Analysts believe that the dip is proof that Bitcoin is still in its correction phase.
Most analysts say that another Bitcoin bull run is inevitable and the price will surpass $100,000.
At the time of writing, according to CoinMarketCap, the price of Bitcoin (BTC) stands at $31,869.81. Meanwhile, the price of Ether (ETH) is $1,877.06, Binance Coin (BNB) is $293.76, and Cardano (ADA) is $1.20.
Even corporations could sway the price at any time. Tesla has already made a big impression within the market. MicroStrategy has a lot of investments in Bitcoin. Grayscale’s GBTC unlocks will soon be upon us. Perhaps Google will decide to buy Bitcoin. Truly, any move could trigger a bull run. One thing is for certain, with so many titans involved in crypto and Bitcoin, another surge could be imminent. Read more coinquora.com