BTC price action spooks ETF investors, data shows, but there is reason to believe that Bitcoin is seeing a broadly healthy correction.
Bitcoin (BTC) did not see a “massive futures margin call” as BTC price action plumbed two-month lows, analysis says.
In a thread on X (formerly Twitter) on May 2, Checkmate, the lead on-chain analyst at blockchain data firm Glassnode, revealed a key change in the Bitcoin bull market.
Bitcoin may have shocked some with its move to $56,500 on May 1, but in broader terms, this bull market pullback appears cathartic for market health.
