The recent drop in bitcoin price has reached over 36K, after that it went up a bit and then dropped again which I think the bearish sentiment will continue due to the sell-off and cause the market to turn around on the sentiment from the Fed.
Hopefully the bitcoin price doesn't drop to 30k which is actually a good price to buy and hold in the long term, but if it happens, it's worried that some people will worry that the price will continue to fall.
There will be more sell off, market analysts said they expect 27,000$ per BTC days ago now it's 23,000$ meaning that the bearish sign is bigger and clearer, if bitcoin can made it to 67,000$ it can easily retrace and do a bigger correction as well, in crypto space never say never.