Bitcoin's Bull Market Continues Despite Price Correction and Exchange Balance Drop

Bitcoin slipped 2% to $34,000 as the crypto market cooled off after a recent rally. Meme coins like DOGE and PEPE outperformed, while LINK and AGLD dropped due to movements on FTX. Analysts believe that Bitcoin is in its fifth bull market driven by institutional adoption and could reach $125,000 by the end of 2024. Despite a temporary pullback, Bitcoin's safe haven properties and clearing of a supply overhang indicate a continuing bull market.