Big Whale Trading Warns of Potential Correction in Bitcoin Prices

As Bitcoin continues to make headlines, investors and traders are left wondering what's next for the cryptocurrency. Recent analysis by BigWhale Trading suggests that a significant correction in prices may be on the horizon.

The analysis points to historical data from previous halving cycles, which have consistently shown major bearish pivot points around the 107-week mark post-halving. This specific timeframe has often been accompanied by intense distribution phases and significant corrections in price.

Currently sitting at the 750-day window, BigWhale Trading warns that history may be repeating itself. While some are calling for new all-time highs, the data suggests that we may still have more downside or heavy consolidation ahead before the next major leg up.