Correct. I see the current price correction trend in bitcoin still has the potential to continue and move to the $40,000-$39,000 level. Even so, I believe the current correction will end soon because when negative sentiments like this have often occurred in the crypto market, over time the market will become increasingly immune to negative sentiments.
how soon? I think 1 year is not enough based on the trend, so it's safe to assume that we will not see a new ATH this year and the market will be bearish. When bitcoin pumped to over $40k, some investors think that the correction is over and we are heading to a bull market, but it's not easy as that, until now the price is still struggling and until we get back to $60k, I don't think we will have a bull run this year.
The current price movement, I can sense that we are going back below $40k again.