Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index.
The stock market correction pushed the index to its lowest level in six months as investors priced in higher odds of a global economic downturn.
Despite Bitcoin’s 30% drop from its all-time high of $109,350, four key indicators suggest that the correction may be over.
Bitcoin bear market needs 40% drop, strong USD
Some analysts argue that Bitcoin has entered a bear market….
Read the full article here
