It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.
Yes, it's actually true that if you look at the chart, when the price of Bitcoin is rising, it doesn't just goes straight upward, it normally does higher lows and higher high but investors like us called it pullback or corrections, so this current deep of the price of Bitcoin is actually a normal thing because it's just a correction, it's only the newbie investors that will sell in panic due to the sudden deep.
But in my own point of view, their is no point getting worked up by the sudden deep in price because we aren't traders, we are mostly Long term holder, so reacting to anything the price of Bitcoin does as a holder, is a very wrong thing to do, so the best thing to do at this point is to seize the opportunity and buy more, until we learn to focus less on the current price of Bitcoin, it's probably going to be difficult to hold for a very long period of time, because emotions can set in if we pay too much attention to it current price.