🔥 Bitcoin On-Chain: Completely Normal Correction!

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In this analysis we talk more about yesterday's analysis where I discussed the completely normal correction that BTC has been seeing. Furthermore, chances are that we will see more of those correction in the coming months.

🔥 Bitcoin Bulls Have NOTHING To Worry About


As seen on the chart, Bitcoin sees multiple deep corrections (>20%) during bull-cycles. Sometimes they are less excessive, but >20% is generally the bottom.

Currently, BTC is trading around 11% from the ATH. It's not great, but looking at previous bull-cycles it can certainly get much worse.

For now, there's not a real reason for the bulls to worry. Yes, BTC is not really doing great at the moment, but did we really expect a move from 40k > 100k without any corrections?

Patience will reward you.

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