Bitcoin experienced a sharp drop this week, falling below $75,000 for the second time in recent weeks. The cryptocurrency currently trades around $77,087.10, down 3% in the last 24 hours and 8.16% over the past seven days. This volatility coincides with rising global financial uncertainty, including increased tariffs imposed by the US under President Trump’s administration. This has led to broad sell-offs across risk-on assets, including cryptocurrencies. 📈 Despite this volatility, top market analyst Egrag Crypto maintains a bullish outlook on Bitcoin, outlining three potential price scenarios: **1.** Retracement: The peak was around $109K, and Bitcoin could retrace to the Fib 0.702 ($97K) level. **2.** Altcoins Outperform: During this phase, altcoins are expected to outperform BTC. ➡️ **3.** Continued Bull Run: Egrag argues that we’re still in a bull run as long as #BTC continues to trade above the 21 EMA. 📈 The post Top Analyst’s BTC Price Outlook: Three Scenarios Point Higher Despite Drop appeared first on Coin Edition.