And the correction also occurred in a short time, because after dropping during the correction, in fact the price of Bitcoin could rise again and exceed more than $ 100k again in a very short time. so all concerns related to the price of Bitcoin dropping should indeed not exist.
Correction is the right time to give us the opportunity to get more BTC at a lower price. it's just that, in some cases, many people still often panic when a correction occurs.
should be so since the price has now reached the ATH again and is in the $103k++ price area, this is a high price and will likely be higher next year.
I'm also very optimistic about the price of bitcoin, but for those who panic will just buy above and then sell at the dump, it's very stupid.
Usually people who panic easily, most of whom are probably newcomers who invest in BTC because of FOMO, just jump in without understanding the BTC market cycle or without having a ready understanding of Bitcoin and crypto. And this often happens, which causes panic selling.
Apart from that, BTC price movements are really fast. now the ATH is at $108,268.
Panic is due to lack of knowledge and experience, this is common in newbies. They do not understand the bitcoin and crypto cycle.
Currently the price of bitcoin has dropped to $ 95K after reaching ATH $ 108K, they are probably panicking.
However, that is natural, because when I first invested in bitcoin and altcoin I also experienced the same panic as they are now, but after experiencing several 4-year cycles I have come to understand the cycle and character of bitcoin.