And to be really frank, it seems hard for BTC to at least recover to 45k usd.
But still we need to show some trust in Bitcoins and give some time.
If the graph shows green, then definitely Bitcoins will reach 50k this year, and next year we can hope that it reaches 100k usd and break the all time high.
Let’s hope for the best.
Down to $10k is still possible to happened now , just embrace yourself.
Well, that's how Bitcoin consolidates. Everything that goes up must come down. You just can't expect people to keep buying with that high price, because most of those have stacked enough will absolutely sell when Bitcoin hits new heights.
Then, dump will eventually happen. This gives new investors enter the market and for the old ones to accumulate again after they sold their bags.
Ones the whales decides to put their money back to Bitcoin, that will definitely trigger a bullrun.