Yeah, I think I came across this earlier last month, though what gave me courage I didn't look at it was swearing of president Donald Trump, which lot of people believe that price could break out of 120k to 150k but we where totally wrong because the effects was only when he was campaigning.
After election and he was sworn in and Bitcoin succeeded breaking out of 109k but after which it was the opposite before other news came out, though was actually having this feeling that FTX repayment that started on 18th could be another factor that would add little push to the entire market. And of course bybit effects might not hold a strong effects on the market and could last just for few weeks after which the market could gain back it previous price.
bitcoin did not reach 109 k when trump was the president it was at its all time high about five hours before he was sworn in.
one of the reasons we are slumping is trump is the president and upsetting the world order as we know it.
I personally think btc and all of crypto will see hard times .