In my opinion, from December 2021 to early 2022 now, the bitcoin price seems to continue to be dragged by a heavy correction, which seems to be starting to reach the climax of the selling attempt as it has approached the main psychological level where the bitcoin price is still difficult to return to the $50k level.
Actually this condition is greatly affected by the correction in 2021, so at the beginning of this year bitcoin has not yet reached a complete recovery phase, and if this month bitcoin is still in a correction phase it will be difficult to reach that price, the price level of $50K is a gamble for now , and the possibility of the price falling further is very open, for that we have to wait until March or April, if bitcoin is still correcting, then be prepared to buy more, because in the long term it is possible to reach new ATH.The current conditions determine the next month, the correction will return to the normal path, if March has reached the recovery stage, but I think there is no need to worry for bitcoin this year, because actually the price decline has not been at its lowest point, maybe for people who invest short term has a big effect, but for the long term I don't think it's showing a red dot, so be patient until March and above.
For now we can say there's no guarantee but its still early to tell that we cannot see some bullish phase at that month. Many hopes for recovery and I think once the price became stable then that is the time of accumalation of whales so I guess maybe from that time we can see some good action for the movement of bitcoin. Also lets not look for current condition since many changes will happen in next following months.
