Аналитики уверены, что коррекция биткоина на 19% вписывается в рамки нормальной волатильности Translation: Analysts confident that the 19% correction of Bitcoin fits within the bounds of normal volatility

The current decline of the leading cryptocurrency by 19.1% from its all-time high of over $126,000 is one of the more modest drops observed in the current cycle, according to data from Glassnode.

Trader Lourenco VS pointed out that Bitcoin’s price decrease aligns with historical patterns. He noted that within the ongoing cycle, corrections have typically ranged from 20% to 25%, occasionally reaching as much as 30%.

*»To view this movement as something dreadful and abnormal is to overlook the facts. What we are witnessing falls within the realm of ordinary volatility, and the long-term market structure remains intact,»* the expert stated.

This sentiment is echoed by other market participants. Trader known as cotton expressed surprise at the market’s reaction to the latest correction of digital gold.

*»Why the widespread panic as if something extraordinary has occurred? We’ve witnessed such declines many times before. The market has always rebounded,»* he remarked.

Binance Live analyst On-Chain College emphasized that fundamentally and technically, nothing has changed, making it premature to declare the onset of a bearish phase. He was supported by DeFi researcher Cypher.

The latter highlighted several factors indicating the market’s bullish structure remains intact:

In the past month, accumulation addresses—wallets that only buy and never sell—have acquired a record 375,000 BTC. Approximately 50,000 BTC were purchased on November 4 when Bitcoin’s price plunged below $100,000, as reported by CryptoQuant analyst Darkfost.

*»Overall market demand is showing signs of slowing down, but the activity from this investor category continues to grow. Over the last two months, their average monthly purchasing volume has more than doubled—from 130,000 BTC to 262,000 BTC,»* declared the expert.

In his view, the rise is being fueled by spot Bitcoin ETFs, despite ongoing outflows. During the latest trading session, $577 million was withdrawn from investment products.

Overall inflows remain positive. Since their inception, exchange-traded funds based on the leading cryptocurrency have attracted over $60 billion.

It is worth noting that Wintermute analysts identified liquidity redistribution as one of the primary reasons for the stagnation of the crypto market.

CryptoQuant expert CryptoOnchain stated that a drop by Bitcoin to the level of $101,000 would strike a blow to the bullish trend.