This week started with a shock for BTC bulls as many expected the price to break 118k this week, but the week started with a huge dump that I didn't even expect to happen on Monday morning. Last week news wasn't so good for BTC, and it waited for days for it to take effect on the market.
From the look of things, do you think we will get a new ATH or price will head below 90k
I was also expecting a higher push given all the optimism last week but Bitcoin has a way of humbling everyone at the exact moment of confidence. If it dips to 90k(which I think it's very unlikely to), I wouldn’t see it as doom but like a healthy pullback.
The fundamentals are still strong. Adoption is growing, institutions are not backing out and the halving effect is still playing in the background. It might just be a patience game before a fresh ATH comes.