Crypto expert Michael [Include Expert’s Last Name Here] has declared Bitcoin (BTC) to be showing no weakness, despite recent price dips. He predicts a bullish turn after hitting the $83,000 mark, anticipating continued bull market momentum. The decline in BTC price, which went from over $102,000 to around $87,000 last week, is being attributed to a normal correction phase before a return to growth, according to the expert. Some analysts believe this dip may signal the start of a bear market for Bitcoin and cryptocurrencies. However, Michael [Include Expert’s Last Name Here] believes this price movement is consistent with expected wave patterns in Bitcoin. He anticipates that the current price point of around $92,400 will be followed by continued bullish momentum after hitting a significant resistance level at $83,000. The market has remained relatively stable, as seen by the recent 2% gain in just 24 hours. The expert’s analysis is supported by an intriguing observation: Bitcoin’s price action closely aligns with Fibonacci levels, particularly the 1.618 Fib level at around $125,000. The trend suggests a natural pullback before Wave 4. Notably, BlackRock recently sold off half a billion dollars worth of BTC, indicating market sentiment towards bearishness. However, the crypto market has so far remained relatively steady despite this significant sale. This resilience supports Michael [Include Expert’s Last Name Here]’s bullish outlook. The expert’s analysis highlights Bitcoin’s strength and resilience in the face of a potential downturn.