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.
How sure are you about this and you are sounding so sure like a trader, Bitcoin is a volatile asset I don't know if you are aware of this and the difference between the current price of Bitcoin and $120k can be achievable obtainable between now till next week so why sounding so sure?. This is by the way because whether Bitcoin cross or reach $120k next week or not that should out be our concern or problem as an investor because we are not traders and this is a period we should take good advantage of the market especially those that have been preparing for this period and was accumulating using DCA, i believe after sometime, seeing this price may be rare.