Bitcoin’s 29% Drop: Market Correction or Early Bear Signal?
Bitcoin (BTC) has plunged over 29% from its January all-time high of $109,000, aligning with a broader market correction that has also impacted U.S. stocks. While fear and uncertainty dominate investor sentiment, some experts argue that Bitcoin demand remains stagnant, making it premature to declare a bear market.
Historically, sharp corrections in bull runs have been common, but the real question is: Will BTC recover, or is this the beginning of a prolonged downtrend? Traders and institutions are watching closely, as macroeconomic factors and liquidity trends will play a key role in shaping Bitcoin’s next move.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin’s 29% Drop: Market Correction or Early Bear Signal?
Bitcoin (BTC) has plunged over 29% from its January all-time high of $109,000, aligning with a broader market correction that has also impacted U.S. stocks. While fear and uncertainty dominate investor sentiment, some experts argue that Bitcoin demand remains stagnant, making it premature to declare a bear market.
Historically, sharp corrections in bull runs have been common, but the real question is: Will BTC recover, or is this the beginning of a prolonged downtrend? Traders and institutions are watching closely, as macroeconomic factors and liquidity trends will play a key role in shaping Bitcoin’s next move.
#BTC Price Trend Analysis