The world that Bitcoin is said experiencing a bloodbath is because they bought Bitcoin for $60k, but now the price keeps being at $40k. The market doesn't rise up and causes altcoins blood bathing also. For those who are experiencing the price drops and drops, the daily traders will also say Bitcoin may experience a bloodbath.

But if this is for long-term investors, they may not think about that and consider that it is normal and even they don't care about the price correction in the market. Because they are investing for the long term, not the short term.