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?
Can't predict what price bitcoin will be at, bitcoin's current condition is not on the line, that means there will be a further correction going forward, many people predict bitcoin in the previous month at a price of 1 billion, but in fact bitcoin corrected, then it is at a price far from people's predictions, I think for this year bitcoin is difficult to predict, let alone mention at what price, because the market is not good for now.
Bitcoin had another dump today, it's trading below $50k again after it recovered a bit.
This is really a sign that the bull run is already over, and you might be right that correction is going to happen.
Its current price is not anymore attractive for investors as most of the investors will just be interested if they see bitcoin is pumping.
Time for waiting is here again, this might be a long bear market that we have to experience like what we experience in the past.
Investors who believe and support Bitcoin will continuously buy and will never be afraid of correction.
Long-term wise, this current situation might give you a good chance to position your investment and allow things to happen along the way.
We can't tell if how long this market will be bearish, but the hope that it will bounce back is always there.
Never to forget to do deeper research before you take your step. Make sure to have enough patience to hold and wait.