I'm honestly not really sure if Bitcoin will surge back to $120,000 next week, BUT what I'm actually VERY sure about is PLEBS like is WILL purchase MORE units in Bitcoin during a DIP because DIPs are equal to discounts.
PLUS the other thing that I'm also VERY sure about is Bitcoin WILL surge back to $120,000, probably not as soon as next week, but SOONER or LATER.
WHY? Because sooner or later the Federal Reserve WILL pivot to real Q.E. and turn on the money-printer. BRRRRRRRRRRR.
I agree too, Bitcoin will not hit the $120,000 mark again by next week. It's currently at $108,000 and will still dip to maybe $105,000 further. Whales are dominating the selling pressure across the market, while retail and mid-size players are only attempting to provide price support and seem to believe that they are banking on the dip that might eventually reverse the price to around $118,00.
BY experiences based on past volatility and price performance, speculations of what bitcoin price will be in the short time can be uncertain but considering what price to would catch in an unpredicted duration is certain. Bitcoin to recover to $120,000 or more in the JUST next week is possible but uncertain. However, the drifts about the price should be a burden for traders and short term Investors and while the plebs might be wary at the Dip, it Will be misleading to react of selling at the immediate time due to price falls but without being oriented on accumulating strategies, the Dip serves an opportunity to buy more ideally in a cheap rate of the Dip which best said to be a DISCOUNT market events for the plebs to shine on if only they are not wary with the current market events on the Dip.