It's pretty obvious by now that this is just a troll post, yes, bitcoin did goes down, but it's nowhere the 50% that the OP is projecting, just his supposedly "expert" opinion that majority of us contradict because it doesn't carry any weight as far as argument is concern.
On the contrary, bitcoin can recover from a correction as high as 50%, so 20% correction now, but the rebound almost doubled it, proving bitcoin's resiliency.
Exactly. Even after a major correction, I'm still bullish. The market is far from peaking. Even when the bubble bursts, many people will take profits and the crypto market will start to settle down.
@OP, This is a good sign for the bitcoin price, and you should go long before that. I know you don't want to risk your money, and I respect that, but this is a great opportunity to build a powerful position.