According to Cointelegraph: Bitcoin's recent price dynamics suggest a potential major correction phase after a robust price rally in 2024. Bitcoin's BTC/USD pair is currently down approximately 13.5% from its year-to-date (and all-time) high near $74,000. The ongoing price retreat looks to be a bull market correction equivalent, an opportunity for the market to adjust and consolidate gains before potentially climbing again.
Bitcoin Price Crash Possible Amid Overbought Market Conditions and Increasing Profit-taking Sentimen
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