I know it doesn't look good right now with crucial support broken but I think the long term predictions made early in the year have not become invalidated. Six digit valuation is still possible, and we all have been through the motions on past rodeos to know we can still be on track.
Not holding my breath though. Prefer to be surprised than disappointed...
But its really hard to rise up after those crucial support has been break out and if we can see more deeper in figures then provably we can experience the same long bear market season the same as before but hopefully market can recover and some big good news will spread after this dump since its really bad for long term traders who bought at the top seeing the current condition of the market and also for sure there are so many people got panic and dumping all shits they have.
I admit Bitcoin's performance over the past few months, which has stuck at $30k, is quite disappointing for all of us who hold Bitcoin. Especially now
that the price of Bitcoin has fallen below $30k, making many people worry that Bitcoin will decline even further. If it's like this it looks difficult to
recover again, but in my opinion we don't need to panic with market conditions like this. Because several times the price of Bitcoin often goes down
for quite a long time, but if we are patient we will definitely see the price of Bitcoin go up again. The most important thing is not to sell the Bitcoins
that we have now, if the price of Bitcoin can finally go up in the next few months we will regret it. And I still believe the $100k target is achievable
later this year, as long as Bitcoin doesn't drop below $20k.