{"id":125368,"date":"2025-03-19T07:15:48","date_gmt":"2025-03-19T07:15:48","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125368"},"modified":"2025-03-19T07:15:48","modified_gmt":"2025-03-19T07:15:48","slug":"bitcoin-is-just-seeing-a-normal-correction-cycle-peak-is-yet-to-come-analysts","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125368","title":{"rendered":"Bitcoin is just seeing a \u2018normal correction,\u2019 cycle peak is yet to come: Analysts"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin\u2019s correction from its January peak is a typical cycle pullback and is not out of the ordinary, with a price top still on the horizon, crypto analysts and executives tell Cointelegraph.<br \/>\n\u201cI don\u2019t think the bull run is over; I think the peak of the cycle has been pushed back due to macro conditions, and global liquidity isn\u2019t pretty, which isn\u2019t helping crypto,\u201d Collective Shift CEO Ben Simpson told Cointelegraph.<br \/>\nBitcoin experiencing expected retracement<br \/>\n\u201cIt is only the third or fourth correction we\u2019ve had over 25% we\u2019ve had in Bitcoin this cycle compared to 12 last cycle,\u201d Simpson said.\u00a0<br \/>\nBitcoin (BTC) is down 24% from its all-time high of $109,000 on Jan. 20 amid uncertainty around US President Donald Trump\u2019s tariffs and the future of US interest rates, but Simpson called it \u201ca normal correction.\u201d<br \/>\n\u201cThings got overheated, and they needed to cool down, and the market needed to find a new foundation, and now we\u2019re waiting for the next new narrative,\u201d he said.<br \/>\nBitcoin is down 13.58% over the past month. Source: CoinMarketCapDerive founder Nick Forster shared a similar view, telling Cointelegraph that Bitcoin \u201cis likely in a normal correction phase, with the cycle peak still to come.\u201d\u00a0<br \/>\n\u201cHistorically, Bitcoin experiences these types of corrections during long-term rallies, and there\u2019s no reason to believe this time is different,\u201d he said.<br \/>\nAfter Trump\u2019s election in November, Bitcoin surged almost 36% over a month, hitting $100,000 for the first time in December. At the time of publication, Bitcoin is trading at $82,824, according to CoinMarketCap.<br \/>\nHowever, Forster added that the six-month fate of Bitcoin seems increasingly tied to traditional markets. Similarly, Independent Reserve CEO Adrian Przelozny told Cointelegraph that it isn\u2019t just Bitcoin being impacted by the macroeconomic conditions.<br \/>\n\u201cThis is pervading all asset classes and may lead to a spike in global inflation and a contraction in international growth,\u201d Przelozny said.<br \/>\nSource: Charles EdwardsForster said Bitcoin\u2019s current price trend aligns with past behavior before a price rally, even though it appears \u201ctumultuous\u201d at the moment.<br \/>\nBitcoin\u2019s current trend may \u201cchange quickly\u201d\u00a0<br \/>\nCollective Shift\u2019s Simpson said the next narrative will likely revolve around US rate cuts, easing quantitative tightening, and increasing global liquidity.<br \/>\nHowever, Capriole Investments founder Charles Edwards said he isn\u2019t so sure if the Bitcoin bull run is over or not.<br \/>\nThe odds are \u201c50:50, in my opinion,\u201d Edwards told Cointelegraph.<br \/>\nRelated: Bitcoin beats global assets post-Trump election, despite BTC correction<br \/>\n\u201cYes, from an onchain perspective at present, but that could change quickly if the Fed starts easing in the second half of the year, stops balance sheet reduction, and dollar liquidity grows as a result, which I think has decent odds of happening,\u201d Edwards explained.<br \/>\nThe comments come a day after CryptoQuant founder and CEO Ki Young Ju declared that the \u201cBitcoin bull cycle is over.\u201d<br \/>\n\u201cExpecting 6-12 months of bearish or sideways price action,\u201d Ju said.<br \/>\nMagazine: Crypto fans are obsessed with longevity and biohacking: Here\u2019s why<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-normal-correction-bull-cycle-peak-coming-crypto-analysts?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin\u2019s correction from its January peak is a typical cycle pullback and is not out of the ordinary, with a price top still on the horizon, crypto analysts&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125368"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125368"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125368\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125368"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}