Bitcoin has experienced a 12% pullback from its recent all-time high, a move considered normal by CryptoQuant analyst Darkfost. This decline remains within the historical average range of 20-25% for pullbacks during bull market cycles. Since the first all-time high in March 2024, the largest pullback has been 28%. Analysts suggest that such corrections are typical and can help reduce excessive leverage in the derivatives market, temper overheated sentiment, and create new entry points for long-term investors.
Bitcoin's 12% Pullback Deemed Normal by CryptoQuant Analyst
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