Well, when it comes to bitcoin, we shouldn’t be worrying that much because we have seen the past performance of bitcoin, and certainly it never fail us. So never lost your hope in making it big with bitcoin someday, because for sure bitcoin price will never stay at a low price all the time. Instead, accumulate more bitcoin while bitcoin price is still affordable, because when it starts to rise consistently, you won’t see it again falling below $60k.
People who live, trade in the market will need time to change from panic to greedy after they got losses from their greed. It takes time like some months for them to calm their panic and turn to be greedy another time.
Then make another cry for the same mistake again. As long as people don't learn their mistakes, it happens again and again, and no hope for a change.
For people who do market manipulations, they need time like months to complete their accumulation or reaccumulation phases to kick off a new bull run.
I don't wait for a big bull run of Bitcoin too soon after the big correction in April. Halving just completed weeks ago and so is the correction, give the market and participants, traders, investors and media time to complete a reaccumulation phase before 2024 and 2025 parabolic curve.
We still don't know what is coming, nobody. Therefore, what we need is preparation and keeping ourselves calm. The market facing another correction but as we believe, it kicks again after a few days and after gaining demand. Panic and worrying is not a good approach but this will only lead us to doubts and uncertainties. We never know when is the new ATH but we are sure it will come surprisingly.