People who bought the last dip are just enjoying their time now. Because the market is on a very big rise as Bitcoin price reached $55k today. Everything happened very suddenly. Bitcoin price went up to $55k from $52k in only five minutes according to Coinmarketcap. That is just insane. I hope that we are in a bull run and this increase can continue for a long time period.
there is still time to enjoy the increase from bitcoin as the current price is $61,343, it is indeed close to the last ATH that occurred Apr 14, 2021 at $64,804. but the increasing price of bitcoin is still moving and will increase, it is estimated that in november or december it will reach renewable ATH.
I hope there won't be another correction to drop below $55K, because if it happens then the possibility to increase will falter. although the estimate still predicts that the price will reach $100K, even if my prediction will be more than that. if we want to see from past experience where the halving occurred.
This increase will be the same as what happened in 2013 or 2017, only a month difference where 2013 in November reached ATH, while 2017 in December.
whether it will happen now in November or December, will be determined by the end of October, only to be analyzed.
but what is certain is that after ATH occurs, soon there will be a long correction so that the increase will not last long.
no need to overdo it because the price of bitcoin can indeed go up or down very quickly, even if you look at the bitcoin price chart as a whole you will find more surprising things. it looks like the current market conditions are in line with your expectations because bitcoin is currently in a positive trend and it looks like this positive trend will last for quite a while.
bitcoin movement is like that and it's not a strange thing, what you say is true, bitcoin is able to move with a high difference in just a matter of hours. because indeed if bitcoin has moved then everything is sometimes unpredictable and hard to guess. so it's not a strange thing that bitcoin can do, that's why bitcoin has very different characteristics from other coins.
true, the bitcoin trend is positive and I totally agree, but the positive trend will not last long, because after reaching ATH there will be a correction again.
This is all if you look at the estimates that have been made by bitcoin, if it is the same as 2013 it will continue to move until the beginning of the following year, but if it is in accordance with 2017 there will be an immediate correction at the beginning of the following year. is it possible that bitcoin will move differently? It could happen and we can't be sure of that. but the chances are very small that it will happen because the pattern is always the same for bitcoin.