Bitcoin Correction: Bull Cycle Ends?

Global Crypto Landscape Update
By the end of last year, Bitcoin briefly touched $100K, only to quickly lose momentum. Today, traders and investors are facing a different reality, with Bitcoin prices falling below $80K. This dip has raised alarms throughout the crypto community.

Bitcoin Price Breakdown: What Went Wrong?
The CryptoQuant CEO recently issued a stark warning: no short-term rally is expected. Experts believe that the abrupt correction is a sign of the end of the bullish phase, and many are now re-evaluating their strategies. With market optimism cooling, analysts advise caution.

Impact on DeFi, NFTs & Blockchain Scalability
In parallel with Bitcoin's decline, other sectors, such as DeFi and NFTs, are also navigating choppy waters. However, innovative projects focusing on blockchain scalability continue to push forward, highlighting that while Bitcoin's rally may be over, opportunities for growth in related areas remain robust.

Expert Opinion and Outlook
As a crypto expert, I see this correction as a necessary phase in a maturing market. While the recent rally ended abruptly, innovation across the ecosystem—particularly in DeFi, NFTs, and scalability improvements—presents long-term potential for investors willing to look beyond short-term volatility. In short, while caution is warranted, the broader crypto industry remains a fertile ground for innovation and growth.

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