$BTC has grown by ~140% over the past year, but many are talking about its correction. Why is that?

Despite the overall price growth, short-term fluctuations of $BTC are causing concern among traders and analysts. A correction is a natural part of any market cycle, and it occurs after a significant increase, when the price temporarily declines to strengthen before the next jump. In 2024, many believe that Bitcoin has entered a correction phase due to a decrease in short-term volatility and profit-taking by investors. In addition, regulatory news and expectations for new financial products, such as Bitcoin ETF options, add uncertainty, which also leads to corrective movements.

So the 140% growth is a long-term outlook, but even against this background, in the short term we can see pullbacks.