The downward trend in Bitcoin prices has continued since a few weeks ago until now where the bitcoin price is still at the level of $42k. Will Bitcoin's downward trend continue or will it return to the $50,000 to $60,000 price level next month?
Impossible to know where it will be headed. The market is still reacting to some recent news like the China ban.
Looking at the bright side, the price is still decent at $41,000-$43,000. It means even China ban is a big issue, it doesn't pull down the price much. No need for the bitcoin price to jump to $50,000 to $60,000 next month. This isn't a rush game.