#ChristmasMarketAnalysis
Bitcoin has experienced a major correction, falling 15% from its all-time high of $108,300. This price drop signals a sharp shift in market sentiment, which has quickly moved from a very bullish outlook to one of uncertainty and caution. With altcoins suffering significant losses, Bitcoin’s correction has raised concerns about the sustainability of the recent rally.
Prominent analyst Marton recently noted that this correction is in line with the largest selling activity on Coinbase.