Bitcoin correction could extend before potential $130K rally

According to CryptoQuant contributor Grizzly, Bitcoin's current corrective phase aligns with historical patterns seen in 2023 and 2024, where similar corrections lasted around six months. UTXO Age Band data suggests BTC may range between $80,000 and $100,000 for another 2-3 months before a breakout above $100,000 could signal the next bullish leg toward $130,000. Traders are advised to watch premium band dynamics for confirmation of a trend reversal.