Bitcoin’s Price Plunge: The ‘Top’ Myth Unravels as Bullish Indicators Remain Active

While Bitcoin’s price dipped below $124,000 after hitting its all-time high, experts argue this decline is not a sign of a market top. Merlijn The Trader emphasizes that none of Bitcoin’s 30 peak indicators have flashed red signals. These neutral indicators point to potential for further growth. The bullish case is strengthened by the fact that seasoned investors remain unfazed as recent buyers, holding for less than a month, face significant losses while experienced holders are profiting.