Bitcoin: Deeper Pullback Expected Before Potential Final Surge

Recent rejection near the $89,000 mark suggests a deeper correction, potentially leading to a pullback towards the $74,000-$82,000 demand zone. This pattern aligns with classic Wave 4 corrections in Bitcoin’s cycle, which are characterized by a period of selling followed by accumulation before a final rally. If the $74,000-$82,000 range holds, this could set off an explosive surge towards $110,000 and beyond. 2024-2025 bullish momentum remains intact, according to market analysis.