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
Just expect the unexpected situation and prepare on sudden market shifts so that you won't get hurt badly if there's sudden movements like this.
Since somehow its not impossible for Bitcoin to move this way especially that we already seen Bitcoin hit those new ATH for past couples of months. But its hard to say that it will go to $90k or even possibly hit on new ATH but what we can do is at least to monitor the market to see if there's going recovery would happen or price of Bitcoin will continue to decline.
Much better for people to hold and don't sell at lose since weak hands only goes panic also losers in this situation.