Bitcoin (BTC) Price Correction Paves Way for December Rally, K33 Research Analysis

According to a new report from K33 Research, Bitcoin's recent significant price correction is creating the conditions for a potential rebound in December. Analysts indicate that the deep pullback has helped reset market leverage and sentiment, historically a precursor to upward movements. The research firm highlights key on-chain metrics and futures market data that suggest selling pressure is exhausting. This consolidation phase is viewed not as a sign of prolonged bearishness, but as a necessary step for building momentum ahead of a year-end rally. Market participants are advised to monitor these developments as the cryptocurrency approaches a historically strong period.