Bitcoin’s Correction: A Defensive Rotation Amidst Uncertainty

Bitcoin experienced a significant four-day downturn last week, plummeting from $115,000 to a low of $104,000. This correction has been characterized by an “investor defensive rotation,” as analysts argue that it represents a natural recalibration rather than the start of a wider market collapse. Blockchain data suggests this downturn was indeed healthy, signaling a shift towards capital preservation amidst market uncertainty.