---
title: "Bitcoin correction is tied to profit-taking by long-term holders, says Bitfinex analysts"
url: https://diffcoin.com/bitcoin-correction-is-tied-to-profit-taking-by-long-term-holders-says-bitfinex-analysts/
description: "The current healthy correction is not enough to stop Bitcoin from reaching $80,000 this year, says YouHodler's chief of markets."
published: 2024-04-03
updated: 2024-04-03
author: "Mila"
site: "Diffcoin"
---

# Bitcoin correction is tied to profit-taking by long-term holders, says Bitfinex analysts

The current healthy correction is not enough to stop Bitcoin from reaching $80,000 this year, says YouHodler’s chief of markets. 
 
[Source link](https://cryptobriefing.com/bitcoin-correction-profit-taking-holders/)