Is it weird that there still has not been a price correction for bitcoin? What does it depend on?
it's not weird and the price correction already happened but when FOMO is coming and people will not care about that and what they will do to buy more and more bitcoins and send it into their wallets.
The institutional investors have been making the trend become very bullish. The correction will come after bitcoin will have reached its peak position but no one knows when that will happen. It may around 30k or even more.