Bitcoin Price Correction Could Last for Months, CryptoQuant Suggests

Analysis from CryptoQuant, a digital currency data firm, indicates that the current Bitcoin price correction could extend for several months. These predictions are based on a range of technical indicators and data analysis related to currency movements within exchanges and investor behavior. CryptoQuant analysts believe that increasing selling pressure, coupled with global macroeconomic factors, may contribute to continued market uncertainty. Investors are advised to exercise caution and review their investment strategies in light of these developments. This period is considered an opportunity for long-term investors to accumulate more Bitcoin at reasonable prices, but they should manage risks wisely.