Bitcoin has dumped by $800 in last 7 days after climbing by $2000 in last 15 days. So, the current dump we're seeing is a healthy correction in the market and somewhat necessary as well.
Although, the next movement of Bitcoin will be highly crucial for current trend. Bitcoin, as we all know, is highly manipulative. So, only invest what you can afford to lose in crypto market. When do you think Bitcoin could hit $20K?
maybe it is still in sideways with investors and traders are waiting for the ETF approval though there are some speculations that U.S. SEC would reject the bitcoin application. nevertheless there are still lot of positive news are coming from crypto market as more and more companies are openly embracing crypto currency and this may good for bitcoin as the pillar of crypto market.