Bitcoin Faces Potential 30% Pullback Amid Strong Bullish Sentiment and Rising Network Activity 📉

Bitcoin is under pressure despite the existing bullish sentiment in the market. Analysts have suggested that a notable price correction, potentially as high as 30%, may occur soon. This is in spite of rising network activity, which typically indicates a positive outlook.

While the market generally remains optimistic about Bitcoin's long-term prospects, short-term fluctuations and corrections are not uncommon in the cryptocurrency space. Investors are advised to consider these potential movements when strategizing their investments.

Overall, while the broader outlook for Bitcoin remains favorable, it's important to remain cautious given the possibility of a significant short-term pullback.