Bitcoin's $66.9K price holds strong casting doubts on a 'deep correction'

Bitcoin has maintained a steady price above $65,000, defying predictions of a significant downturn. Crypto traders and commentators are skeptical of a deep correction, with some pointing out that a 15% price drop in early May was already a substantial correction. The market's resilience is attributed to typical bull run dynamics, and despite the recent halving event, the focus remains on whether Bitcoin can breach the $70,000 mark for more conclusive trends.