Bitcoin (BTC) has experienced a significant retracement, dropping 29% over two weeks, as noted by crypto analyst Rekt Capital. This marks the deepest correction in the current cycle. Despite this, Bitcoin has shown resilience, bouncing back 8.5% in the past 24 hours to reach the $55,000 price level. Support and Potential Upside The $49,000 price … Continue reading "Bitcoin’s Deepest Correction in Current Cycle Sees 29% Drop" The post Bitcoin’s Deepest Correction in Current Cycle Sees 29% Drop appeared first on Cryptoknowmics-Crypto News and Media Platform .