Bitcoin Experiences Deja Vu With Another 35% Drop

Reading Time: 2 minutes Bitcoin has endured a 35% correction since hitting $65,000 in April Was this a typical Bitcoin correction or is there a bigger correction at play? Long term charts are a good way to analyze the current position For some, the past few weeks have been confirmation that the Bitcoin bull run is over. Since hitting $64,830 a month ago, Bitcoin has been in a negative trend, shedding over $20,000, with Elon Musk assisting in its decline. However, even if it hadn’t been for the Dogeking getting his kicks stomping on other people’s portfolios, Bitcoin was always set for a retest.
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