That's another thing for sure, the expenditures that we're having every season is also affecting the market. Like the new years, holidays and other sort of seasons for which people are spending a lot.
If bitcoin goes stable to $50k for a week or two, then this would be turning again another speculation if it will go another low.
We've been through this before, though. Every year someone talks about Chinese New Year or Christmas.
Don't forget, this current bull run started last year around the same time, so if everyone was spending for Thanksgiving and Christmas in 2020, why on earth did Bitcoin go on and rise up so much, right? This time, it's clearly all the bad news from traditional stock markets.
That's true, If you look at previous years it was even worse than this and I at that time felt angry and very confused because of the decline, But now it's different, I used to be a person who always panicked with declines but for now I'm trying to relax because The concept that I hold today is that where there is a decline and correction, that's where the blessing is to get more assets and there will definitely be an increase after that.
Precisely for now I feel this is a blessing because I can add and buy the assets I want at a discounted price
If you really look positively in times where prices are declining due to correction, its not the time to be confused nor worried because its a usual scenario that is a part of the crypto market cycle. Before you expect for a bull run to come, there will always be price corrections that will dump the prices of the coins but this will always be temporary. This will even create a higher support level when the market recovers. No wonder that after a correction, bitcoin and those main altcoins are bound to reach a new ATH with higher prices due to the past correction.