The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week.
if bitcoin keeps having these type of "corrections" i don't see how it ever is going to reach $1 million. or even $100,000.
Bitcoin has been having such corrections since inception and so it will reach $1million the same way it reached $72000. It's quite normal for any asset to have dips/corrections and bitcoin being more volatile is prone to having such dips.