one thing with speculators is that they don't always talk about bitcoin going down at the time it is climbing to the $100k mark, at that time, they will all become bullish on bitcoin and suddenly when there is correction, the speculation changes and it is now how low bitcoin can get to before bouncing back. even if bitcoin gets to $85k, what about that? what will happen next, will it continue going down or starts to go up just because it has gotten down to that particular level? that is the reason why the speculation is not fact based but one that just picked any close figure they feel bitcoin might get to.

this is not the first time we have seen bitcoin correction so there is absolutely nothing to be bothered about. all things being equal, this is supposed to be a good buying opportunity that has just presented itself to us and even if the thought that bitcoin will go down to $85k comes to reality, bitcoin will still bounce back really good and anyone that buys at those range of price would have made a very good investment choice. the slight correction is always over, and bitcoin has started to bounce back, and we might see it going up to the level it was before this correction.