Why Will Bitcoin Undergo a 15% Correction?

Daniel Yan, the co-founder of Matrixport, foresees a 15% Bitcoin market correction by the end of April.

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Bitcoin is trading near an all-time high at $69,000, up over 40% in a month to trade close to $61,000 per coin.

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Yan warns against market euphoria, citing overheated sentiment and macroeconomic uncertainties.

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Other factors include the upcoming U.S. Federal Reserve meeting, Bitcoin's halving event, and Ethereum's Dencun upgrade.

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Yan advises active traders to stay vigilant throughout March.

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Matrixport projected Bitcoin to reach $125,000 by year-end

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