Bitcoin is down 12% from the high of $73,757.
But remember: corrections are normal in a bull market.
#Bitcoin had 8x corrections of 30% or more in the 2016-2017 bull market.
Corrections take the heat out of the market.
- Expectations reset.
- Over-leveraged traders get rekt.
- HODLers get a chance to buy cheaper SATS 🤑
...and it gives the market more time to build up momentum.
The longer the curve,
the higher the price target. 🚀