Bitcoin Price Prediction as Gold Becomes World’s Second Largest Reserve Asset After Parabolic Rally

The Bitcoin price has dropped by 5.13% in the past 24 hours to trade at $105,217.60, extending its recent correction. This decline comes as market sentiment cools following weeks of sustained bullishness across risk assets. Despite the retracement, long-term investors appear patient, waiting for signs of stabilization within key support zones. The current setup suggests that the market could soon approach an inflection point where buyers regain conviction.