What's next for BTC? I'm thinking of 2 scenarios. Either Bitcoin will make a retracement around the $80,000-$85,000 price range and will go up in the following weeks, or worse case, Bitcoin will fall down below $80,000 again. I think the 1st one is what more likely to happen, but we'll see.
Surely people will like your first scenario because no one feels comfortable with bitcoin price continuing to fall. But to be fair, there is no guarantee that will happen as bitcoin's movements are heavily influenced by geopolitical news, especially news related to trade wars. And as we all know, the trade war is getting more intense than ever as no overall deal has been announced and Trump's tariffs come into effect from today, and the situation is likely to get worse as other countries are sure to retaliate against the United States soon.
So in this situation, I would not be subjective. We should prepare for the worst instead of being too subjective and only being more disappointed later.