Bitcoin’s bull run seems to have slowed down, as the price chart shows that its dip to $100K could become a reality any day now.
The world’s largest cryptocurrency has dropped by more than 4.4% in the last 24 hours. Currently trading just above its $103K support, Bitcoin’s current state is making investors nervous.
As the market grapples with the ongoing volatility, investors should focus their attention on the best crypto to buy now.
Bitcoin is the Victim of Moderate Profit Taking – CryptoQuant
People get anxious when the Bitcoin price crosses the $100K level, and that seems to have been the case now too. Bitcoin is currently the victim of moderate profit taking, CryptoQuant noted, citing recent activity which shows Bitcoin’s net realized profit and loss.
Although they are lower than the spikes that emerged in November 2024, their mere presence means that retail investors are slowly pulling back.
However, the short-term correction to the $100K value won’t be permanent, claims CryptoQuant. “It is not significant enough to mark the end of the upward cycle,” it said.
Glassnode has also predicted Bitcoin’s fall to $100K. However, it believes that when the short-term realized price of $96K is reached, the BTC price will bounce back.
Altcoin Sherpa, another cryptocurrency analyst, has predicted that Bitcoin is primed to bounce in the coming days and will return to its mega bullish behavior.
still not rushing into any positions personally. Lost some $ yesterday by overstaying my welcome and roundtripping w. that Trump tweet, is what it is. Overall I still think it's a scalping environment. I do think $BTC bounces relatively soon, though. pic.twitter.com/COS513ojbo
— Altcoin Sherpa (@AltcoinSherpa) May 30, 2025
The analyst has even gone on to say that the current run is a bit healthier because of the long consolidation the market faced during the summer of 2024.
Overall, the community is responding with cautious optimism, and most believe that while Bitcoin is going down, the correction may only be short-term. While every analysis from the market has to be taken with a healthy grain of salt, it is better that investors focus their efforts on ICOs instead.
Best Crypto to Buy – Smart Picks for Investors Looking for Early Bird Gains
Here are the best picks for investors looking for early bird gains.
Mind of Pepe
Mind of Pepe is closing in on ending the final mega round of its presale, giving users the final chance to invest in its AI agent ecosystem.
The project has gained a healthy following on X and other social media sites following the launch of its AI agent, which is continuing to gain traction even now.
The AI agent, known as the MINDagent, is an autonomous system that provides deep market insights and sharp takes about the current ecosystem. Adopting a unique tone that combines facts with fun, Mind of Pepe’s agent has been a major hit among investors.
Beyond the agent, the project is also coming up with a terminal, which will provide deep market insights, charts, and other features in one window.
What makes these use cases interesting is that they are coming from a niche of meme cryptos, blurring the line between utility and viral potential.


















