Bitcoin is undergoing a significant correction, down 12% from its all-time high of $108,000 on December 17. The price hit a daily low of $93,810 but quickly recovered to $96,000 before sliding again. 📉

According to analyst "Rekt Capital", Bitcoin is showing signs of entering a multi-week correction phase. History shows that the eighth week in the price cycle is often a correction week. However, BTC is still up over 40% since Donald Trump was elected.

Some altcoins like Solana, Chainlink, Toncoin, and Stellar are showing signs of a slight recovery. 🌟