But we've to be realistic. Atm we got MANY things going on in the world that will have an impact on the cryptocurrency world. We got Covid19, Evergrande, politics, taxing, housing market, etc. etc.
All these you mentioned is not limited to Bitcoin or cryptocurrencies, but are global situations that impact any area or sector. Lots of global economies reached new heights in inflation during this pandemic and lots of currencies were devalued, Bitcoin actually faired better during the critical lockdown periods, over many other assets.
We've only got covid19 right now and it's causing us to dip for 20-30%.
Covid-19 was declared a global pandemic on the 11th of March 2020, and the price of Bitcoin then was almost $8k, the price now is $48k, after reaching a current All Time High of almost $70k. Where did you get a 20-30% dip from, except you're suggesting that's the reason for the current drop in price?