Based on the pattern on the chart, it seems like Bitcoin is going to correct itself but to what extent, no one knows.
I believe bitcoin will experience another correction and maybe I will see this process continue. But if you pay attention I'm not sure bitcoin will get another $30k correction.
We can clearly see that BTC hasn't been able to cross its previous highs after each dip recently which indicates that there is a bearish momentum going on.
So can we expect a major correction or it's going to go up again and reach $80K before halving?
The upward momentum will be marked by a process that occurs in Bitcoin and generally we will see a small correction process. In fact, I doubt that for this period of year we will see a correction process at $40k because the highest price has already exceeded the lowest value. Even if in the future we will see a long correction process then I am sure it will be above $50k and it will never fall below that price.
I read several articles about sources talking about bitcoin and some of them said we will see bitcoin at $80k this year. It's not about confidence in them but I see an opportunity for bitcoin this year to reach $80k and above very open.