You mean buy now even at a correction level is still a bad idea?, where are you from man?, i though buy at correction should be encourage than at bull-run. If bitcoin price drop to that level you predicted @- $20k, what "%" do you think we will be talking about?, it's better to wait for the 30% most of you predicted.
I think bitcoin is still possible to go down to the $20K level in the future, but not for now. Price increase are still possible at this time even though the market appears to be experiencing a correction. There is still a lot of support from institutional investor at the moment and therefore I don't think bitcoin price will drop below $40K any time soon. Some information says that Tesla sold some of the bitcoin they owned between January and the end of March and those are some of the reason why the correction occurred. I believe only big sale will bring bitcoin down to $20K.
When the price hits $47k in the last couple of weeks, it made me think that everything is really possible. However, if we see the price goes to $100k, I doubt that we can see the price sinking to $20k, there are a lot of support lines along the way, so I doubt that we can see that price again.
So let's hope that $100k will come first before $20k. And now that we are back to being bullish, let's hope that we won't see the price that low again.