Bitcoin’s price has dropped below $63,000, with a significant decrease in large transactions worth $100,000 or more. This has raised concerns about a potential deeper correction, with some analysts predicting that the worst-case scenario could see Bitcoin’s price dip to $50,000 
The decline in large transactions indicates caution among major investors, which can lead to increased volatility. While the potential for further price drops exists, this period could also present buying opportunities for long-term investors who believe in Bitcoin’s future growth.