Bitcoin price hit an all-time high of $73.6k, although it held up for a while but made a big improvement just before the halving. The longer Bitcoin rolls through its four-year cycle, the more Bitcoin prices will continue to improve. From the present time you will notice that there have been a total of four halvings in the past, after these halvings Bitcoin price started pumping to the maximum. Maybe 100 plus days after the halving takes place Bitcoin's bull run begins.
Bitcoin started to dump during the start of this month and it made a low of around 56,500$. However, at that time many people started to panic and many social media influencers started to claim that we might be in the start of the bear market and bull market was over and all such negative comments.
Well, bitcoin price didn't last for long on those prices and now trading above 62,000$. It did not take long for the sentiments of those people to change from bearish to bullish within no time
If we have seen the previous bull markets, we should not panic on these short term price corrections and only focus on the long term price action for BitocoinBTC.