📉 Bitcoin Market Correction Post-July Rally – Just a Breather
After a strong July rally that saw $BTC push past $63K, the market is now cooling off — with price retracing below $60K.
Profit-taking near key resistance zones
ETF inflows slowed, but long-term trend intact
Funding rates normalized after overheating
Despite short-term volatility, on-chain data shows whales accumulating. Market structure remains bullish as long as $57.8K–$59K holds.
🔍 Healthy correction or setup for next leg up