It didn't reach $74k yet but we will be there and that's why I'm telling you to zoom out the chart. You've seen the lowest and it's still up from that moment to this moment. The sluggish and plunging is normal after all of these months that it's been pumping, so there's really no need to think of it if you're long term. But as a short term investor, you'll feel worried about it.
I made a mistake typing. It has been seven instead of six. Sorry. And you are right that there is no reason to worry if it is long term but it is a problem in the short term. But dumps so much that it is beyond imagination?
No, it's not, it's usual to bitcoin. You probably haven't seen those large corrections that happened in the past, those corrections were the hardest and really mentally broke a lot of people.
And if you're thinking about these recent corrections, as I've said, you don't have to worry. Do not let the corrections break your plan of going long to bitcoin or even if you're short, just make a position that you're going to sell in profit.