Bitcoin Bull Market Continues Despite Correction to $76,000
- An analyst suggests Bitcoin remains in a bull market after recovering from a low of $76,000.
- The current bull market cycle is reportedly 82.5% complete.
- Bitcoin’s recent correction was a 30% pullback, similar to a previous 32% pullback.
- A downside deviation is noted as a false breakdown before potential recovery.
- Bitcoin is trading at $88,028, up 3.4% in the last 24 hours.
Rekt Capital asserts that Bitcoin’s correction to $76,000 represents a downside deviation rather than the start of a bear market, with historical data supporting this view.
Source (2.6)https://dailyhodl.com/2025/03/25/bitcoin-correction-to-76000-likely-a-downside-deviation-according-to-crypto-analyst-heres-why/?rand=59076