While one analyst warned that Bitcoin should be prepared for all scenarios, another analyst, Plan C, took a more optimistic approach. The analyst said: “Once Bitcoin stabilizes above $80,000… many will start buying again, pushing the price closer to $90,000, followed by a sudden jump back to $100,000.” Finally, CryptoQuant analyst Darkfost notes that Bitcoin is still in a long-term correction phase, and the price is trading below the 200-day moving average (EMA) around $82,000. He expects a move to the $87,000 level as short positions get closed, arguing that a true trend reversal will likely require a weekly chart close above $93,500.