Recent developments, including Kraken’s public offering and tech companies forming partnerships with Saudi Arabia, have impacted Bitcoin price, which is currently trading around $89,700. Unsettling red candles on the charts are signaling a bearish trend. However, not everyone agrees on the future trajectory of Bitcoin. Analysts at Roman Trading predict a potential bottom in the coming weeks before seeing another historic high. Roman Trading’s prediction based on weekly and monthly chart patterns suggests that Bitcoin could reach $50,000 before rebounding. Meanwhile, the crypto savant shared his insights on Bitcoin’s anticipated decline, highlighting the importance of Dollar-Cost Averaging (DCA) strategy for long-term investors.