Bitcoin Retraces 12% Since ATH — CryptoQuant’s Darkfost Calls Dip Healthy and Within Bull Market Norms

According to COINOTAG News (September 2), CryptoQuant analyst Darkfost noted a Bitcoin retracement of approximately -12% since the last all-time high (ATH), which aligns with historical behavior in the current bull market cycle. Darkfost’s on-chain assessment references a maximum intra-cycle pullback of -28% following the first ATH in March 2024, with average corrections around -20% to -25%. Such retracements are consistent with a measured leverage unwind and normalization of derivatives market positioning, reducing overheated sentiment and offering disciplined entry points for long-term investors. The data-driven perspective suggests this correction falls within expected volatility parameters rather than signaling a structural market shift.