The Bitcoin market has navigated through several phases over the past 18 months, beginning with a period of steady price appreciation post-FTX, followed by three months of consolidation after reaching an all-time high (ATH) of $73,000. During May to July, Bitcoin underwent its deepest correction cycle, experiencing a drawdown of over -26% from its ATH. This correction tested support levels, with the market eventually stabilizing around the $62,000 mark. The #Bitcoin market saw around 18 months of steady price appreciation post FTX, followed by three months of range-bound price action after the $73k ATH. From May to July, the market
The post Bitcoin Market Dynamics: From ATH To Recent Recovery appeared first on The Merkle News.
