to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.
Currently, the price of Bitcoin is no longer rising. From $ 58,000, Bitcoin's price dropped to $ 50,000.
At around $ 50,000, bitcoins were distributed from old investors to new investors.
Then the price dropped to $ 45,000. Bitcoin price is currently below $ 45,000. We see a downtrend. The price of Bitcoin is slowly but inevitably falling. Perhaps it will fall to $ 30,000 (this is a very large-scale price correction).
Of course, we all want the price of Bitcoin to rise to $ 100,000. However, it is possible that the $ 58,000 was a local high.