indeed, what @elonmusk says really influences what happens with bitcoin, because what many people follow @elonmusk to do that, even though it is clear that as a businessman it is clear that there is a certain intention to do and it is certain that the benefits will be obtained , but there are still many people who can be affected by it.
at the moment it looks like the biggest correction has happened to bitcoin over the last 3 months, because it usually never reaches a price below $ 42K, but now it has touched that price, obviously this is a worry too, because if it drops below $ 40K we can't imagine What will happen. although many are ready to buy bitcoin immediately.
That has been the case for a while, the price goes up, then goes down a bit, then goes up, I mean people do not realize how much it can go up and down. When you tell people "it will go up and down" they mock you because "what else it can do", like yeah going up and down is the only option that is true but bitcoin going between 48320 to 48610 all day versus bitcoin going from 48k to 55k in a day are VEEEEERY different things.at the moment it looks like the biggest correction has happened to bitcoin over the last 3 months, because it usually never reaches a price below $ 42K, but now it has touched that price, obviously this is a worry too, because if it drops below $ 40K we can't imagine What will happen. although many are ready to buy bitcoin immediately.
So when we talk about how it will go up from here, we are not saying 100 bucks, we are saying thousands of dollars, and when we say bitcoin will go down we mean the same thing, and that is what people are missing. I am not sure if this is the start of a bear run, I feel like this could still be a huge chance to make a profit from the bull run that will keep going but also famously summers are not really a great period for crypto neither so who knows.
