Hello crypto fans! 🚀 Technical analyst Willy Woo predicts Bitcoin could drop to around $47,000 in this market correction. Don't panic, this is nothing new in bull market cycles. Woo called this a consolidation phase designed to make traders panic. He blamed selling pressure from the German government and the redemption of Mt. Gox as some of the causes of the decline. But, there's more to it than that. According to him, Bitcoin miners are still in the surrender phase. "Until the hash rate rises, the local environment is bearish," he said. So, what do you think about this prediction? Come on, discuss it in the comments column!#Bitcoin#Crypto#BullishMarket🐂