Today the market has a sharp correction of up to 8%, I hope the bitcoin price doesn't drop below $35k, because if the price drops below $35k it will cause panic from investors and the price can continue to drop, but I'm optimistic the market will recover even though it drops to below under $30k as it was in 2021.
I think it already caused a panic, this is why we are here anyway. I mean I believe that it shouldn't be like this in the end but we are there anyway. This is something that we should await a bit longer and not really jump to conclusions right away. This is why I try to stay away from it as much as possible, just let the correction handle itself, maybe buy some if you have the funds for it, and just hold and ignore the market movements.
35k doesn't seem to be the barrier, 38k was and we broke under that and we are facing a big panic sale at the moment, it could reach to 35k and even under, but I wouldn't mind since I know it will be 40k+ again, maybe this month, maybe next, but it will be there eventually.