Bitcoin price drop from the new ATH to $117k for now but that doesn't mean it won't get back up and it has taken too long for it to get to $122k, let's see how the market movement will look like, who knows it can still make another move to a new ATH. Still believe that in the next 3 days we might be seeing something new. This might be a time for traders and investors to stop panicking especially newbies who feel Bitcoin was going to bump anytime soon.
If you ask me Bitcoin will move to another all time high but there is no guarantee that it will make new all time high now, this week, this month or later. There is no need for the bitcoin traders (spot) and investors to panic even if Bitcoin dumps. So we should not be selling our coins and always look for a big picture.
Yeah, if you're a future trader and you have taken a trade with a high leverage, then there is a chance that you may get liquidated even if the markets move against you, even in the short term.
Not every one who has the patience that you have when it comes to holding or time to sell, is very tricky to perfectly understand how Bitcoin price works but that doesn't mean we shouldn't look at it from a different angle of going up because many are scared only when the price drops and stays that way. About the ATH I still believe it can still happen if not now but before this month runs out depending on how promising the market has been since 3 to 4 days now.