It's still a question if this correction will push the value back and will try to achieve more.
Holders needs to keep trusting and waiting for the next ride, till they earned the value that they've waiting for.
I think this has the effect of the influence of the Chinese New Year, after the Chinese New Year celebration whether the BTC can still survive and go up or down. And it must be remembered that China is a crypto-holding country with fantastic numbers, even those who are accustomed to crypto in their daily lives, it is clear this has a huge impact on today's BTC prices. And has there been bad news lately regarding crypto? the answer is nonexistent, different from 3-4 months ago at which time there was a lot of oblique news about altcoin and the upheaval of a country's government policies that are closely related to crypto.
exactly, the world political situation and the world economy greatly influenced the growth of bitcoin and altcoin prices. A few weeks ago there was the issue of iran and usa politics, so with China, but now maybe everyone there wants to enjoy their big day celebrations, I think people are good when it is approaching Chinese celebrations and this has an impact on current crypto prices.
in addition to the situation with China, for some reason, little is considered the conflict between the US and Iran, and a continuation is also possible, which will also affect prices