Top crypto analyst Caleb Franzen has analyzed Bitcoin's performance since the end of 2022, focusing on its recent dip below the 200-day moving average. In an interview with Thinking Crypto, he explained that this dip, while concerning, is not a reason to panic. Franzen believes Bitcoin will still reach $175,000 this market cycle. The sentiment is based on key charts and ongoing trends observed in the cryptocurrency market. Franzen's analysis aims to reassure investors amidst current market volatility.