Well, most of them expected that there is another ATH will come.
However, the correction went on because of negative news coming at the same time. Just imagine, --let us start with Elon Musk’s nonsense tweet. One of the reasons why bitcoin increased is the influence Elon Musk made. Withdrawing is the initial statement that affects the decisions of the investors he convinced to go in. Second is the news about Binance being under investigation by the SEC and Department of Justice. This would affect the price big time. And lastly, China banning financial institutions from offering cryptocurrency services. Well on this time, this is overkill. We should expect the correction and wait until we recover. That is how we will be playing it.