Bitcoin’s 30% Drop: The Deepest Correction of This Bull Cycle? | Bitfinex Alpha No.146

Bitcoin has pulled back nearly 30% from its all-time high of $109,590, marking the second-deepest correction of this bull cycle. With institutional demand slowing and ETF outflows hitting $921.4 million last week, will Bitcoin find support, or is further downside ahead?

Short-term holders are facing unrealized losses, increasing sell pressure. Can long-term investors and deep-pocketed buyers absorb the supply and turn sentiment around?

Join us as we break down the market dynamics shaping Bitcoin’s next move.

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