Bitcoin May Face 20% Correction Amidst Global M2 Correlation, Analysts Debate Future Price Trajectory 📉

Bitcoin, currently valued near $92,000, is under intense scrutiny from analysts as they speculate on a potential price correction. This anticipated correction, possibly up to 20%, is thought to be influenced by Bitcoin's correlation with global money supply metrics.

The debate centers around whether these economic indicators could prompt a notable downturn in Bitcoin's price trajectory. Market observers are closely monitoring how Bitcoin's price movements align with macroeconomic trends to predict its future performance.

Overall, the analysis highlights uncertainty in Bitcoin's immediate market outlook, shaped by broader financial determinants.