Crypto analysts suggest that Bitcoin's recent price correction from its January peak is a normal part of its market cycle. According to industry executives, such corrections are anticipated amid challenging macroeconomic conditions. Collective Shift CEO Ben Simpson emphasized that the current market is experiencing expected volatility, having had fewer major corrections in this cycle compared to previous ones. Despite a 24% decline from its all-time high of $109,000, the sentiment remains optimistic about a potential price rebound. Derive founder Nick Forster echoed this view, asserting that Bitcoin is undergoing typical corrective phases seen in prior long-term rallies. The market's performance appears increasingly linked to traditional financial markets, influenced by global liquidity and U.S. interest rates. While some analysts foresee continued bearish trends, others hint that the situation could shift, possibly leading to a resumption of upward momentum if favorable conditions arise, such as U.S. rate cuts.

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