Every time I see the numbers 20k, 15k, 13k, I don't believe in that bitcoin price. But now bitcoin is already worth almost 19k and it only needs to drop 30% to reach 13k. I guess it's not as fantastic as it looked a month ago. Now we just have to hope the price doesn't fall even lower. Surprisingly, altcoins are not reacting much to bitcoin's continued fall right now.
Bitcoin is looking for a bottom, we're really seeing a strong push for it and today frantic traders have swayed the price where the low in the last 24 hours was $18.7K based on cmc. Obviously there are two directions that are always possible, but at the moment bearishness is heard throughout the space and that has raised concerns.
The market cap of bitcoin has dropped and is currently at $369,572,716,314, this of course won't be able to convince anything about the possibility of $13K but we are aware that $13K is always possible. But you don't have to wait for a deeper dip just to find the right time to buy, maximize the opportunity now and do DCA.
The discussion of value must always be the most talked topic about bitcoin, especially when the price rises or falls sharply, as it is now.
Seeing the dynamics of price changes, we can safely expect a fall to $13k. The fact is that now it is precisely decadent moods and such an outcome of events that can't be ruled out.
Should buy now? I have no idea. The price is falling too fast and therefore there is a chance to wait for a lower price for bitcoin.