Bitcoin Price Volatility Raises Questions: Is It Correction or Bear Market?

Recent fluctuations in Bitcoin’s value have sparked debate about its future trajectory. Some analysts are concerned that the current drop might signal a deeper bear market, while others believe it’s simply a temporary correction. CryptoQuant expert Crypto Dan offers insights into this complex situation, suggesting a more likely scenario is a standard correction rather than an extended bear phase. He emphasizes the relatively moderate price gains recently, indicating low risks of a steep decline.