We can hope that it will not happen because we already reach $50k and even the price now is back to $57k, so maybe the chance to increase now will be bigger than before.
But we need to be careful because the downtrend will always come after the price reaches the highest price, so you need to know what you need to do if the downtrend comes.
As long as the investors are confident in invest in Bitcoin irrespective of the price we will not see any major correction, today the market grew over 3% and it is trading over $58.5k and i think we will pause at the resistance this time too.
I hope that the price can back to $60k in the next week and hopefully, that can still increase higher and reach $70k.
The price will be back to $60k but whether it will break the resistance this time is the big question. I think it will take a much longer time to break the resistance.