According to Cas Abbé, Bitcoin ($BTC) is currently experiencing a bullish correction, similar to the Q2 2024 correction where it dropped 30% from its peak. The previous correction was influenced by the yen's carry trade, whereas the current situation is affected by tariff wars. Abbé anticipates that Bitcoin may see another downward movement towards the $72K-$74K range before potentially rebounding.

According to ReetikaTrades, Bitcoin has shown resilience by maintaining levels below $90k, even after facing challenges like deepseek FUD, two tariff wars, and a disappointing CPI number. This indicates potential stability and strength in Bitcoin's price chart, which traders might find appealing for future investment strategies.