I personally thought it might well dip to about 97.5K before the next leg up.
It is possible, but this is just speculation. If we talk in the short term, the price will likely experience a slight correction, but this situation is a preparation for the next rally. Bitcoin growing adoption could see its price surge higher in the long term, especially as we've just hit ATH after Bitcoin ups and downs in the previous months. I am very optimistic that Bitcoin will reach a peak that we have never imagined before, so when the price of Bitcoin drops, that is the best time to jump into the market.
If we study the cycle every four years, we are certainly optimistic that Bitcoin will record the highest ATH that we never imagined. Although we have reached the latest ATH several times in this halving, it is still a very small increase unlike previous halvings, so it is likely that Bitcoin will reach the latest ATH again this year. As for the correction that occurred, it is a natural thing before experiencing a significant increase and indeed we must be able to take advantage of the decline to buy as much bitcoin as possible.
Historically, the crypto market will show positive growth in the next 4 to 8 months and rise to an ATH that we never imagined. Indeed, for this cycle we have passed more than a year after the halving, maybe this is a geopolitical and global economic problem that affects it, but I believe the same pattern will happen again even though the time is different. I speculate that the bull market cycle will occur until the end of this year.