According to one analyst, a potential Bitcoin correction down to $70,000 would likely represent a macroeconomic reset of the cycle, rather than the beginning of a new bear market. The analyst suggests that while the probability of such a correction has increased, it should be viewed as a temporary adjustment within the existing market cycle.

According to one analyst, a potential Bitcoin correction down to $70,000 would likely represent a macroeconomic reset of the cycle, rather than the beginning of a new bear market. The analyst suggests that while the probability of such a correction has increased, it should be viewed as a temporary adjustment within the existing market cycle.