Every time bitcoin corrects after a extended rally, the basic query inside the cryptocurrency group is whether or not that is one other “wholesome” retracement in a bull market, or the development has modified utterly, and the bears are in full management.
The previous few months, although, do not appear to be a regular correction. Bitcoin traded above $126,000 in early October earlier than it plunged to underneath $100,000 by the finish of the 12 months. Its spectacular begin to 2026 was shortly halted, and the asset plummeted to $60,000 final Friday, charting a 52% drop since its all-time excessive.
