#BTCNextMove

Corrections in the Bitcoin market are common even during uptrends. The depth of such corrections can vary depending on market conditions and the overall trend.

Bitcoin has seen corrections of varying depths throughout its history. For example, in 2023, the maximum correction was approximately 20.1%. In previous bull cycles, such as 2016–2017, corrections exceeded 25%, and in 2019 the retreat reached more than 62%.

According to analysts' forecasts, in December 2024, the value of Bitcoin may decrease to $90,000, which would be approximately 15% from the current level. Other experts warn of the possibility of a drop in the price of Bitcoin to $21,000, which may indicate a significant correction.

It is worth noting that accurately predicting the depth of a correction is a difficult task, as the market is influenced by many factors, including macroeconomic conditions, regulatory changes, and general investor sentiment.