According to André Dragosch, PhD (@Andre_Dragosch), Bitcoin’s recent short-term consolidation aligns with broader market trends, but current bearish economic data and an asymmetrical risk-reward profile suggest it is unlikely that BTC has reached its cycle top. Citing ongoing macroeconomic weakness, Dragosch emphasizes a favorable outlook for a new multiyear bull market rather than a reversal, urging traders not to be swayed by fear, uncertainty, and doubt (FUD). This perspective highlights the importance of monitoring economic indicators and risk-reward ratios for those trading Bitcoin and related cryptocurrencies (Source: Twitter/@Andre_Dragosch, 2025-05-30).

According to Miles Deutscher's tweet, Bitcoin's current price movement is a bull market correction rather than a transition into a bear market. This insight suggests traders should consider maintaining their positions as the market adjusts. Deutscher's analysis aligns with recent trading patterns where short-term corrections have been typical, providing opportunities for strategic entry points. Investors monitoring BTC's resistance levels and support zones can leverage this correction phase for potential gains.