Bitcoin Realized Losses Spike Surpassing Weekly Average: Correction or Downturn?
Bitcoin has faced a significant correction, marking its first real pullback since early November. After hitting an all-time high of $108,364, it has seen a decline of 13%. This abrupt change has rattled the crypto market, shifting investor sentiment from extreme bullishness to worry and uncertainty. As traders assess whether this downturn represents a healthy market correction or a deeper bearish trend, many remain poised for opportunities in a volatile landscape. Analyzing realized losses could provide further clarity on the market’s direction as Bitcoin navigates these uncharted waters.
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