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Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction

April 17, 2024
in Market, News
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crisis

/ freepik

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Crypto markets took a sizable gut punch over the weekend, sending investors’ sentiment to the basement from euphoric highs only a few weeks ago.

Bitcoin (BTC) tumbled below $62,000 on Tuesday, lower by more than 15% from its latest record price above $73,000, while altcoin darlings solana (SOL), pepe coin (PEPE) and dogwifhat (WIF) suffered 40%-50% setbacks from recent highs.

Source: Coindesk
Tags: AltcoinBTC

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