Severe fluctuations are rocking Bitcoin.. Between the reality of correction and the prospects for recovery

📊 The cryptocurrency market has witnessed a sharp correction wave where the price of $BTC dropped from its recent peak to around 80,600$ in one of the most severe bearish waves.

📈 This decline was not limited to Bitcoin alone, as its effects extended to drop the total market capitalization from about 4.2 trillion dollars to around 2.8 trillion dollars, and now the cryptocurrency market has begun to recover..

Do you expect the reason for the drop is profit-taking or what?