Witnessing bitcoin price consistently declining isn’t a sign of a big fall, just a normal correction in my own opinion. And we don’t have to worry instances like this because this is just normal in a volatile market. What isn’t normal is that if we see btc price dropping sharply into $50k, that’s something we need to worry about, though we still can’t do nothing about it but to wait for bitcoin price to recover again and obtain another all time high.
Bitcoin is bitcoin, it’s highly volatile, so it’s not suitable for those who easily panic with price decline, whether it’s small or huge.
I second, this is nothing to worry about. A year time frame will make the chart even better despite that we've reached the peak already.
Those who worries about the decline that we see and the quite big correction that we've got. I think that there is a relation to what month we're approaching.
Typically, the month of August is said to be one of the months where not that much action happens due to the belief of some big groups.
We will have the cut rate by this September so that might break that belief and we'll see some good recovery by then.