Bitcoin is correcting the market price again after breaking through the highest price of $66k, it turns out that the price has not been able to penetrate the $70k price and has fallen again at the current $60k price. it seems that investors have had enough of the profits they have and are afraid to lose them, so investors try to sell at the highest level, so the market falls a little.
I think this is normal and usually after a correction the price of bitcoin will reach a higher point. currently the bitcoin price has gone up again and this might be an early indication that the bitcoin price will experience a positive trend again and will break through $67k.
It can be a good indication that with this strong upwards movement, new ATH may reached again.
It's showing that there are more pressures to push the price and make another market run, corrections though really affecting the sentiments
because there are day traders who knows how to play with this current situation, they are the gainers who keep on rinsing this business.
Placing your investment now should always have a good sets of back up plan in case that you've mistakenly anticipate the market.