Crypto experts are sounding the alarm, warning that Bitcoin needs a spark to avoid further price drops. While some market signals suggest potential growth, the cryptocurrency trades below key resistance levels amidst profit-taking and consolidation. On-chain data reveals potential for deeper corrections without new catalyst intervention. 5% below $117,000 on the charts, investors are cautiously awaiting breakthroughs. Though recent volatility has been noticed with Bitcoin ETFs seeing inflows, the market remains cautious, anticipating a period of sideways trading and possible upside driven by macroeconomic factors. Analysis suggests Bitcoin could reach $150,000 by year’s end supported by policy easing and institutional flows. Some even predict more ambitious goals, like reaching $250,000 by the end of 2025. However, the cryptocurrency is grappling with historical price trends, where continued volatility may trigger further corrections if it struggles to surpass the crucial $117,100 resistance point. This has triggered concerns that long-term holders are profiting at a rate that could signal demand exhaustion and increased selling pressure.