Crypto analysts are signaling a potential final dip in Bitcoin’s price to around $104,000 before the next major bull market takes off. Based on historical trends, Bitcoin’s 50-week simple moving average—which currently sits near $102,500—has consistently provided strong support during previous bull cycles and is expected to hold again. Analyst ‘Sykodelic’ highlighted significant market leverage and a liquidity cluster around this level, indicating a likely retest despite the short-term pain it could cause holders. “The market often dips to its lowest point right before reversing,” Sykodelic explained, noting that similar conditions in April 2025 and August 2024 coincided with steep declines to $74,000 and $49,000, respectively, before sharp recoveries followed. Other analysts, like ‘Negentropic’, described this move as the “final flush” of the current correction, suggesting a path to about $102,000 before a larger rebound. Nick Ruck from LVRG Research added that while profit-taking and macroeconomic uncertainties are driving this retracement, the solid fundamentals and strong institutional interest in Bitcoin lay the groundwork for a robust bull market ahead. Meanwhile, ‘Daan Crypto Trades’ pointed out the resilience of the 200-day exponential moving average as a critical support level throughout the current cycle, despite periods of volatility. Bitcoin has remained relatively stable near the $108,000 mark recently, a level that has shifted from support to resistance, with a brief spike to $113,000 quickly fading. Overall, experts see this potential dip as a healthy correction that should set the stage for renewed upward momentum. For more details, read the full article at https://cointelegraph.com/news/analysts-see-final-flush-104k-before-bull-market-resumes.