Bitcoin Analysts Eye Triple-Bottom Setup and Correlation Signals for Possible $84,000 Upside

Bitcoin traded in a tight band on Monday after a volatile week, with its price down nearly 6% over the past seven days while broader crypto markets saw heavy selling. Several analysts highlighted a possible bullish triple-bottom scenario linked to Bitcoin’s strong correlation with a BlackRock tech ETF, as well as extreme fear readings and compressed price action between roughly $67,000 and $68,000. Bitcoin was changing hands at $65,346 at press time, up 3.0% in the past 24 hours.

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