Is it weird that there still has not been a price correction for bitcoin?
How about the $23k -> $21k. What do you think of that? When you say correction, how much do you expect bitcoin to correct? from thousands to ten thousands or just a few hundreds or the example that did happened I've gave is the one?
What does it depend on?
The normal price mover of bitcoin, demand and supply. We're having lesser supply in the circulation because of the accumulation being done by the institutions and that's making the price higher. There will be some slips but not that much.