We can all notice the ongoing price correction of Bitcoin and the fact that price does not continue in a straight line. What do you think Bitcoin's Price could be corrected to? I mean, what do you think would be the minimum price Bitcoin gets to, before going back to $52k price again?
It is difficult to predict with certainty the price of bitcoin, but many people believe the correction will recover in the near future, the correction that occurs to bitcoin is actually not that big this month, so there is nothing to worry about excessively, the occurrence of corrections is something that often happens in the market, it is a sign that the coin has stability compared to other coins.
Bitcoin still showing good bounce back, that small corrections few days ago are slowly being recovered and now it's moving again
to reach the last time high, playing between $60K-$62K not bad after falling to below $60K.
With the current market it shows that bull dominated back the bear after that attempt, good for every traders especially for those who are shorting the market.
That small span back already provides them profits, small but assured gains.
If it is possible in the long term it will be even more profitable, but conditions like this are usually only investors who have the power to invest, while we are only able to collect bitcoins in small amounts, and even then it is not worth the profit we will get, the correction to bitcoin is actually not too dangerous, compared to the correction that occurred in altcoins, but unfortunately we can not take advantage of the condition of bitcoin to make investments.