#MarketPullback
šØ Bitcoin's Bull Market Shows Reduced Pullbacks Amid Growing Institutional Interest! $BTC
According to Odaily, Glassnode recently shared insights on the X platform, noting an interesting trend in the Bitcoin market. As the market expands, the severity of Bitcoin's pullbacks during bull market uptrends has decreased. The deepest pullback in this cycle was recorded at -32% on August 5, 2024. Most corrections have only seen a decline of about 25% from previous highs. This trend reflects the demand for spot ETFs and increasing institutional interest.
Source: Binance News
