I think as long as Bitcoin is above $ 50k the bullrun should still be going on and will probably continue until the end of the year. So there is no need
to panic seeing several altcoins falling, one of which is Dogecoin which fell quite deeply after successfully touching the ATH price. This is something
that usually happens in the crypto world, we just need to be patient and keep holding our coins. Because usually the crypto market recovers faster,
since many institutions have invested in Bitcoin.
People panic when they see the price is falling, that's normal, a specific price is not in their mind, they would expect that bitcoin will continue to rise so they will make a profit. The ATH of bitcoin is $60k, now it's already priced at $50k, if you compare, you'll see that there's a big decrease and still we believe bitcoin will pump, I guess we have to open our eyes, anytime soon bitcoin will start its correction, a heavy correction just to be specific.
I think only people who are new to the crypto world panic to see the Bitcoin price fall. Because people who are long and experienced in
the crypto world are used to seeing Bitcoin price dump. They will be calmer and more patient waiting for the Bitcoin price to recover again.
The current decline in the price of Bitcoin is unlikely to last long, as I believe Bitcoin will recover quickly. The most important thing is
still HODL the Bitcoin that we have.