#MarketPullback
The #MarketPullback in crypto is a healthy short-term correction after recent all-time highs. 📉
- Bitcoin dropped slightly to around $113,800 after hitting $124,500 ATH, showing some short-term fatigue but long-term bullish trend remains.
- This pullback is driven by profit-taking, macroeconomic concerns, and liquidation of overleveraged positions (over $1 billion recently).
- Similar past cycles show mild September dips before fresh rallies later in the year.