I wouldn’t be confident to say that this correction will lead to $50k or below. I still have high hopes that what is happening is just temporary. Bitcoin price may drop below $60k but it won’t crossed again $50k, as the current price is starting to recover again and is seen rising again until it crossed above $70k. Although $100k is quite difficult to reach these days, but most likely, bitcoin will settle at $80k when halving comes.
All we need to do is keep waiting because after all, all forms of speculation that occur for now only time can prove it.
If you look at the situation that happened, the chance to go down is still there in the end but we also don't know what sentiment will happen for the next few weeks or months because when there is a sentiment that arises it can affect the movement of bitcoin regardless of the current candle.
For example for some time where corrections occur and many people associate this with the conflict that occurred in the middle east but it is possible that after this there could be some good news that makes bitcoin continue to be maintained.
Even if in the end $50k happens I will not experience significant problems because I will only continue to focus on what I want to do where buying is the best in the end.