Bitcoin’s Recent Pullback: A Natural Market Cycle?
Bitcoin’s recent price drop below $80,000 has left many investors concerned about the state of the crypto bull market. However, leading analysts argue that this dip is just part of Bitcoin’s natural cycle, presenting a potential buying opportunity.
VanEck’s Matthew Sigel, Head of Digital Assets Research, has reassured investors that Bitcoin’s 25% correction from its all-time high of $109,600 aligns with historical market patterns.
Bitcoin’s History of Corrections in Bull Markets
Sigel shared a list of past Bitcoin corrections before it hit major milestones:
Corrections Before Bitcoin Reached $20K in 2017:
- 41%
- 38%
- 29%
- 34%
- 41%
- 40%
- 27%
Corrections Before Bitcoin Hit $69K in 2021:
- 21%
- 17%
- 31%
- 26%
- 55% (!!)
- 25%
Comparing these trends to the current 25% correction, Sigel believes that Bitcoin remains on track for further growth.
Also Read: Bitcoin Plunges Below $80K, Triggers $685M in Losses Amid Market Turmoil, What’s Next?
More Analysts Support the Buying Opportunity
Crypto analyst Rekt Capital also pointed out Bitcoin’s past price discovery corrections across previous cycles:
- 2013: -75% drop over 13 weeks
- 2017: -34% drop over 3 weeks
- 2021: -31% drop over 4 weeks
- 2025: -25% drop over 11 weeks so far
Rekt Capital noted that while this correction is slightly smaller, its extended duration suggests a more mature and resilient market.
Similarly, Crypto Caesar and Standard Chartered analysts believe Bitcoin could dip lower before continuing its bullish trajectory. This aligns with CrypNuevo’s forecast that Bitcoin’s next monthly candle in March may retest February’s lows, potentially filling a CME futures gap.
Why the Market Dropped: Macroeconomic Factors
Michaël van de Poppe, a well-known market analyst, attributes the sudden drop to macroeconomic pressures:
- Largest long liquidations since October 2021 triggered a mass sell-off.
- Tariff discussions in the U.S. caused a market-wide panic.
- Nasdaq’s drop further pressured crypto prices.
Despite these factors, Van de Poppe sees this as an exceptional buying opportunity for smart investors.
Bitcoin’s Next Move: $250K in 2025?
Crypto analyst Wimar remains extremely bullish on Bitcoin’s future. He claims that historically, Bitcoin surges 315 days post-halving, which would align with a major bull run in late 2025.
According to Wimar, Bitcoin could hit $250,000 in this cycle, making the current correction a chance to accumulate before the next leg up.
Also Read: Ethereum Whale Offloads 14K ETH, Secures $29M Profit
Conclusion:
While short-term volatility may shake out weak hands, history suggests that Bitcoin corrections are normal and healthy. Analysts agree that Bitcoin’s upward trajectory remains intact, making this dip a potential buying opportunity for those who believe in its long-term growth.
Currently, Bitcoin is trading at $81,596, down 5.5% in the past 24 hours. As the market stabilizes, all eyes are on Bitcoin’s next big move.
