This is the moment of truth, today is 1st of January 2022 will crypto market start retracing 60k after holidays is over? Or the market is tired of pumping and will fall even Futher? This questions have been on my mind for a while now because to be honest bulls have been here for two years already I'd say this is one of a kind bull market so far but what's keeping crypto at this stronger phase?
In the past few weeks, we've seen Bitcoin went sideways for a bit at around $40,000-$50,000 and it might stay that ways for a few more weeks before we see who will prevail.
Right now, its hard to know if what will happen in the next few weeks to months. You are right that the bulls are controlling the market since March 2020 when the pandemic has been announced and TBH, I'm also expecting as well that the market might enter a big correction phase this year but there are no confirmations to it right now so we are only predicting and we don't know what might happen in the future.
I think the best thing to do is to just wait for what will happen and lets be ready into whatever will happen. If it goes up, make a plan and if it goes down also make a plan.