It seems that we cannot see the bottom price of bitcoin in 2023, because the current price of bitcoin is still at $ 30k and can still be considered bullish,
so if we wait for a dump, of course we have to wait for bad news, I don't know whether $ 16k is bottom bitcoin or no,
what is clear is that we have to prepare if the bitcoin price dumps in the rest of this year.
Actually the price of Bitcoin we are having now, i believe that price of bitcoins is moving well and it's appreciate beyond some investor imagination, but that should not make us to come in conclusion that Bitcoin price since it has started to kick off to some valuable amount that means it can't retrace, the market of Bitcoin can retrace but the problem is that many people just meet the small greed color of bitcoins in market and they will believe that Bitcoin price will continue to move up. So the market is unexpect.
For a long time there is no big news as that of the one we heard years back with the adoption of bitcoin from El Salvador. The market needs to be kept active with those kind of positive news coming from different parts of the world. During the same time period there