Despite recent price surges, traders are skeptical about Bitcoin's (BTC) momentum, signaling a possible price correction is overdue. Calls for a pullback are common, as recent data indicates that BTC is significantly above typical bull market exponential moving averages, suggesting a correction is imminent. Analysts like Crypto Chase and Stockmoney Lizards believe the current bull market may be nearing its end, anticipating a potential decline back to the 2021 highs of $69,000. While institutional buying has impacted the market dynamics this cycle, many participants express the view that Bitcoin appears 'exhausted,' with indicators like the relative strength index (RSI) supporting this sentiment. Recommendations include caution for those investing spot positions. The market context suggests that while the turbulence may not be immediate, a significant market correction isn't far off, potentially leading to a re-evaluation of investment strategies as the bull run concludes.

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