The last few months of solid growth have instilled confidence that Bitcoin is unstoppable. Each time Bitcoin updated its maximum and even managed to get close to the $60,000 mark. However, then its price fell sharply in a few days and for many investors it came as a shock… for some reason.
Is it really the end of the Bitcoin rally or it’s just a pause before another storm? Let’s try to figure it out.
In my opinion, it's like another recession period for Bitcoin. The price is at $54k right now. I feel like we will continue to see the price staying at these levels for some time and a new ATH after that.