Correction of Bitcoin from the January peak is a typical withdrawal of the cycle and is not unusual, and the price is still on the horizon, cryptographic analysts and steering wheel say Cointelegraph.

“I don’t think Bull Run is over;

Bitcoin experiencing the expected withdrawal

“This is only the third or fourth correction, which we had over 25%, which we had in Bitcoin in this cycle compared to the last 12 cycle,” said Simpson.

Bitcoin (BTC) fell by 24% compared to the highest level of USD 109,000 on January 20 among the uncertainty around the tariffs of the US President Donald Trump and the future of American interest rates, but Simpson called it “normal correction.”

“Things were overheated and they had to frigid down, and the market had to find a modern foundation, and now we are waiting for another modern narrative,” he said.

The founder of Dinive Nick Forster shared a similar view, saying CointeLgraph, that Bitcoin “is probably in a normal correction phase, with the peak of the cycle still coming”.

“Historically, Bitcoin experiences such corrections during long-term rallies and there is no reason to think that this time is different,” he said.

After Trump’s election in November, Bitcoin increased by almost 36% per month, reaching $ 100,000 for the first time in December. At the time of publication, Bitcoin trads $ 82 824, According to to Coinmarketcap.

However, Forster added that the six -month fate of Bitcoins seems more and more related to traditional markets. Similarly, the general director of the independent reserve, Adrian Pelozna, said Cointelegraph that not only Bitcoin does not affect macroeconomic conditions.

“This penetrates all asset classes and can lead to an escalate in global inflation and international growth contraction,” said Pelozna.

Forster said that the current Bitcoin price trend is in line with past behaviors before the price rally, although it seems “turbulent”.

The current Bitcoin trend can “change quickly”

Simpson of Collective Shift said that the next narrative will probably turn around the US foot cuts, relieve quantitative tension and increasing global fluidity.

However, the founder of Capriole Investments, Charles Edwards, said it was not so sure if Bitcoin Bull Run is over or not.

In my opinion, the chances are “50:50,” said Edwards Cointelegraph.

Related: Bitcoin overcomes global assets after the Trumps election, despite the BTC correction

“Yes, from onchain’s point of view, but it can change quickly, if the Fed starts gentleness in the second half of the year, stops the reduction of the balance, and as a result the dollar fluidity increases, which in my opinion has decent chances of an event,” Edwards explained.

Comments appear a day after the founder and general director of Cryptochan Ki Young said that “the Bitcoin bull cycle is over.”

“Waiting 6-12 months of bear or side action,” he said.

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This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.