Despite reaching a record high of over $107,000, Bitcoin saw a healthy correction. Data from NYDIG suggests the market remains far from an unsustainable bubble despite its dramatic surge in price. 📈 📈 📈 Key insights include: 🚫 No signs of an overheating market; on-chain metrics reveal no classic parabolic peaks seen in previous cycles. 💪 Institutional demand remains strong, fueled by robust ETF flows and no mass profit-taking by investors. 📈 Historical precedent: Similar pullbacks in 2024 before substantial rallies. The dip is a natural part of Bitcoin’s journey toward price discovery, with analysts predicting $120K as the next significant target if support levels hold. How do you view this correction? Share your perspective below!