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Really big corrections have yet to happen for bitcoin in the current cycle

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31.07.2024

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Bitcoin has not had a correction of more than 30% in the current growth cycle (since November 2022).

Referring to the historical data of how the past market cycles of bitcoin growth went, experts believe that we are somewhere in the middle of the current cycle.

On the chart, the black curve is the bitcoin rate. The colors indicate the dynamics of the exchange rate and the size of price slippages in different cycles of the crypto market.