Is this the correction Bitcoin sideliners have been waiting for?120

The market valuation of bitcoin rose more than 190 percent since the low of Dec. 15, 2018, raising the question when the retrace will come and how pronounced it will be. Now that BTC is retracing it begs the question whether this is the correction sideliners have been waiting for.

The bear market may have come to an end after a year-long period of declining prices that took bitcoin from $20,000 down to $3,000. Since the beginning of the bull trend, many analysts have speculated that the “bottom is in,” while others are waiting for a correction to give them a better entry point.

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