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Understanding Bitcoin's Recent Correction & What Comes Next

In this week's Trading Take, Beimnet Abebe from Galaxy Trading joins Alex Thorn to provide insights on the recent Bitcoin market correction. Last week, Bitcoin approached the $100K mark but experienced a significant pullback to $91.5K. Beimnet discusses this healthy market correction, driven by overly stretched market positioning and the digestion of recent positive news, including ETF launches and Trump administration policies. He also explores how these fluctuations align with broader economic indicators and future expectations. Dive into a detailed analysis of market responses, institutional behaviors, and Bitcoin’s resilience as it flirts with record highs. Listen to the full episode here.