⏳ Just a price correction, not a time correction ahead?
In the recent drop, Bitcoin price has been trading below the Realized Price of 100-1000 BTC whales, which is below $69K. This means that even large investors are currently in unrealized losses.
The last time the price went below this level after an ATH was back in June 2022, and the market was engaged in an erosion phase for about 7 months.
So, Bitcoin quickly returned above 69K, so we can say that we were only facing a price correction.
@base.base.eth @jesse.base.eth