Bitcoin’s Rally Hits Hurdle: Potential Correction Looms Near $87K

Following a weak close this month, experts are raising the alarm for Bitcoin to face a potential correction. Some analysts are predicting a drop toward the $87,000 range as the market’s multi-month rally falters. Traders are scrutinizing Bitcoin’s recent inability to break above the $110,000 mark. A similar bearish pattern emerged in late 2024 and early 2025, leading to a significant decline before stabilizing.