This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.
BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.
If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.
Thanks but we all know that we are still in the middle of bear market, so obviously the price might to go down as you have put it. Specially if there is a blank swan event like the Terra Luna and FTX collapse last year.
So I guess everyone knows that, and maybe not going to be surprised at all or panic. And those who are worry about it are newbies that got nervous when the price will go down in the future. On the other hand, those who have experience and seen hot Bitcoin is in a bear market, will take every opportunity to buy when the price goes down in the next 6 months.