In fact, when a correction occurs, all traders will be confused waiting for the price to be on target or take positions when there was a correction yesterday. we see bitcoin will experience correction again. If I had said yesterday that the price of bitcoin would not exceed $ 50,000, it turns out that my expectations were wrong, and it was under $ 50,000 a few moments later it stagnated. So there's an intrinsic factor that has recently fueled the saturation of the bitcoin market. Apart from political and strategic movements in America, we have seen a lot of ridicule and trying to bring down the price of bitcoin.
I do believe that what happening on the market value of bitcoin today was only a price correction, however i am also doubting of how much lower does it would goes on. I am hoping that this might only take on a range of $40000-$43000. Honestly, i don't have any idea why all of a sudden price decreases at this point. But to be honest if i am going to wait for a price correction like this and would going to buy, i guess i would wait for a much lower value of bitcoin than this.