we are in a very serious e bad situation, this war between russia and ukraine and the scandal of altcoins made the price drop a lot and from what I can see this situation of low price will not improve anytime soon, I venture to say that we will have another 1 to 2 years with the price being on small increases, we won't see a big increase for quite some time until the war is over and the markets start to recover, so for people who dream of seeing $69,000 again can buy now and hold for more than 2 years, that way you will be able to see $69000 again without having to worry about small drops during these 3 years that you will be hold
For a time there was a theory that we were in a supercycle and I believed this could be the case but after the drop in the price and the subsequent failures to break away from such a negative trend then I think we are still in the same four year cycle, it is just that bitcoin is so big now that the price cannot skyrocket as it did years ago and now bull runs are nowhere near as intense as they were before, something that is not as bad as it seems as this means bear markets will have a lower intensity as well.
the price is not dropping much because it fell naturally due to the global crisis, but it is stagnant in a certain zone, if the crisis improves, the price will start to recover slowly and go back above $40,000
