Bitcoin Price Prediction: Pullback Wahala vs PlanB $130K

Right now, talk about Bitcoin price prediction dey mix short-term caution with fresh long-term bullish view. Last week, BTC spike reach US$110,653 but e quick drop 3.5% to about US$106,600 as Iran-Israel tension cause people to dey run from risk. Technical signs show say na normal pullback after 10% rally: open interest dey fall and funding still dey positive mean say long holders dey collect profit while shorts dey push more. January-type fractal warn say price fit fall deeper if dem break support at US$105,000, fit carry am go US$100,000. At the same time, on-chain analyst PlanB don bring back bullish Bitcoin price prediction with im 2-Year Moving Average Multiplier. For first time since 2020, BTC don turn this trend line to support, wey history show na before strong post-halving uptrends. PlanB talk say upper band target go near US$130,000 between late 2024 and 2025, because exchange reserves dey reduce, long-term holder supply dey increase and spot-ETF inflows dey steady. Options traders don already raise open interest for call above US$100K. For traders, outlook get two-speed: if geopolitical wahala continue, e fit cause short-term fall to US$100K, while macro catalysts like April halving, ETF demand and 2-Year MA flip dey support longer term march to new all-time high and maybe US$130K. Key levels to watch na US$108,000 resistance, US$105,000 support and 2-Year MA (~US$40K). If daily close pass US$110K, e go reduce pullback risk; but weekly close under multiplier fit threaten bullish plan.