In this winter, we have already lost 70% of the value. I also read opinions that this time the correction will not exceed 55% and will stop at around 28-30k
Yep, this is what I was talking about.
Now I pretty much fear that the price may fall like in the previous cycles, i.e. losing ~85% of the value. That would mean falling to 10-12k, so 50% of current value. I really hope I'm wrong...
So, back to what you wrote in topic: if we get back to 40-50k this year... it'll be a surprisingly nice development.
There’s a lot of possible scenario for Bitcoin in the last months for this year, if the support level stays strong at the level of $20k, we might not be able to see another drop but of course this is a very unpredictable situation with Bitcoin and most of the analysis has been invalidated. The support level is very crucial, many will surely panic if ever we go down again. Recovery this year is still possible, we know Bitcoin works like this before and able to rise, I’m confident again with this one. Buying can be a good strategy for now, just timing the market.