Since yesterday, the bitcoin and crypto market is bleeding out. Bitcoin has almost shed $6,5000 and currently trading at $29,000. As per Tradingview, the intraday high for BTC was $35,000 and it has reclaimed to $30k level. Bitcoin reached an all-time high of $42,000 on 8th Jan 2021. However, the price has corrected 30% to current levels. Corrections are a part of the market and it's healthy and needs to occur.