1. About the news: there will be continuous negative news when bears are dominating;
Even if the negative news will be continuous comes in many websites, that will not make bitcoin still going down because bitcoin will be back to the high price, which makes the negative news stop.
2. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;
Hopefully, that is what will happen to bitcoin price later. But it seems people are waiting for the altcoin pumped because they want to make a profit from the altcoin as the altcoin season can still coming.
3. On the growth: if BTC can rebound strongly and make a new ATH at $67K, we will talk more about the future. I myself still believe more in this possibility, I believe that whales have not given up on the market and we can follow the PlanB model (standard & X).
Yes, it is. Bitcoin still has a chance to rebound strongly and it will increase so high and the next thing is trying to break $64k so the price can still rise to the next high price.
What do you think about the market movements in the near future? Do you still believe in this market? Are you in the group of sellers in the past few days?
I still guessing about the market movements but I do not know what will happen to the market itself. It is better if we prepare ourselves for anything that can occur later to be ready with that. I still believe in the crypto market and this downtrend is just temporary and will not stay forever in the market. I am doing both as a buyer and sellers from a few days ago until now.