Bitcoin's price has fallen 0.8% to $111,637.11 in the past 24 hours, influenced by $22.6 billion in expiring monthly trading options. Despite the dip, Raoul Pal, co-founder of Real Vision, forecasts a potential peak for Bitcoin in Q2 2026, driven by global liquidity and business activity. On-chain data indicates a rise in active addresses and stable miner activity, suggesting the current decline may be a temporary pause in a broader bull market. Analysts highlight a hidden bullish divergence in the RSI, with expectations that Bitcoin could retest its all-time high of $124,500 if support levels are maintained.