one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.
i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).
do you think January and possibly February could be the Fearuary months?
But I don't think it will be that long, bitcoin will find a recovery against future corrections, 50K failure will return to the green, once the correction is complete within this month or next month, the impact of the decline in my opinion is profitable, so we can buy with low prices, then save until bitcoin reaches a high price, in this case I'm sure in February or March conditions will return to normal, but for plen B we must also prepare, if bitcoin does not reach the desired price.
Correction is inevitable or market pullbacks could really happen and it would really vary out on market conditions based up on fundamentals or doesnt really have any reasons behind at all which it do really makes
things even more harder for you to analyze on.The market could neither have a long bearish season or trend and we dont know on when it would end and mind off that we had able to experience it back in the past
on which it did really boggles out peoples mind on how things would be going next and fear is something a very common emotion that we do felt off from time to time on seeing
these moments.
Precisely because of the unavoidable correction that has kept bitcoin under pressure to this day, the market varies greatly based on what happens to bitcoin.
To make an analysis of this season is quite complicated for us to do, because the market is not guaranteed to improve until next month.
But we also need to control our emotions, thoughts and fears, so that whatever happens in the future we can minimize the risk, because if this happens then the investment we make will have problems in the future, market response must also be considered to minimize all events that will occur.