The way Bitcoin price is going down every week is seems we might be getting back to amount of $40-35k if care is not taken because from all indication the market price hasn't been productive and we can't say it will get back to that amount we have all been expecting like the $70k and I have been hoping to see Bitcoin price hit $70k since the last time it got to that amount. For now Bitcoin price is $54k and the week have just started but I can't say it will get to anything close to $60k before the week runs out and this month can't get to anything close to $60k.
Some folks in this bitcoin space does not really believe in the potentials of bitcoin. With all these years and time, a lot of individuals can still not grasp how bitcoin works. Bitcoin has proven to be resilience and its crystal clear but some dudes are still talking down on bitcoin. An assets that is not even up to 20 years yet commanding such a significant value in the market yet people are still saying shit about BTC. Bitcoin roots is deep rooted in the market that no matter the fluctuations it can always bounce back and grow and bear more fruits. I don't know why its difficult for some persons to understand what volatile means, investors shouldn't expect an upward price trajectory alone. As an investor in Bitcoin, if our investment purpose is for a longer period we should care less with the immediate price at the moment, @sexylizzy if you check when you drop your comments and now the price is not same again $57k, we shouldn't doubt bitcoin potentials when price goes down.
Whenever bitcoin price drops, investors in this space should see it as an advantage to capitalise on. Some years that bitcoin price was at $17k -$20k some individuals where taking down on bitcoin but right now it far above that figure and some persons ended up regretting for not making use of those opportunities that were available then. The time will come when bitcoin will hit $70k and above and we might not see $48k -$50k again, just as we can talk about bitcoin faling to $20k - 30k again. Bitcoin possess a lot of growth potentials, now that we can accumulate bitcoin at low rate we should do it to boost our portfolio so long as we are for the long-term the 70k... and above moment will present itself.