Some traders predicting a Bitcoin correction may have self-interest, not market analysis, says Bitcoin analyst PlanC. Social media sentiment is still mostly positive, despite broader market fear. PlanC believes $98,000 could be the recent price bottom, with a chance of a brief pullback before Bitcoin stabilizes around $100,000.

Bitcoin analyst PlanC forecasts a “decent chance” that Bitcoin has hit a bottom at $98,000. Despite rebounding to $103,562, PlanC warns of a potential dip to $95,000. Bloomberg analyst predicts a drop to $56,000, while ARK Invest CEO revises Bitcoin price projection downward by $300,000.

Read more at Cointelegraph: Bitcoin Crash Calls Coming From Bear Market Hopefuls: Analyst