Is Bitcoin’s Correction a Deep Dive, or Just Part of the Bull Run?

Recent market data shows Bitcoin is down approximately 28% during this current bull run. While this may seem significant, historical analysis indicates such pullbacks are not unusual for Bitcoin. Past bull markets have often seen corrections ranging from 20% to 30%. These retraces are a natural part of the growth cycle, cleansing weaker hands and preparing the market for an upward trajectory. Bitcoin’s latest correction fits within this established trend, suggesting it might continue without disrupting the overall bullish pattern. However, some may consider -28% a deeper dip than typical. ]