Bitcoin Correction Echoes 2017 Pattern: Could Signal a New Upswing?

Bitcoin’s recent -32% correction resembles the 2017 price reset, with similar depth drawing parallels to a major bull run after that year’s downturn. The asset has found itself near its past accumulation zone of $61,000, which historically sparked strong buying and bullish continuation. Notably, prior corrections in this cycle acted as consolidation phases, strengthening long-term market structure before subsequent rallies.