Orbit Markets co-founder Caroline Mauron said the recent Bitcoin price correction reflects the expanded positioning and technical factors surrounding the Grayscale ETF, which should all fade in the medium term. Technical analysis using chart patterns suggests that Bitcoin may bottom out between $36,000 and $38,000, and if these levels hold firm, Bitcoin may even climb again.
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Orbit Markets co-founder Caroline Mauron said the recent Bitcoin price correction reflects the expanded positioning and technical factors surrounding the Grayscale ETF, which should all fade in the medium term. Technical analysis using chart patterns suggests that Bitcoin may bottom out between $36,000 and $38,000, and if these levels hold firm, Bitcoin may even climb again.