this is the character of Bitcoin, every time you reach ATH, it will drop until the price is close to the start before increasing, this character is repeated every time you reach ATH, so it's no wonder that when the last ATH is in 2021, it will decrease afterwards, but at the beginning of this year there is certainly a surprising increase but it can be said that it is only a surprise and will not be able to achieve a significant increase.
so it is likely that it will increase starting after the halving period occurs in 2024 and a year later 2025 is when ATH will be renewable.
now is the right time to keep buying because you can be sure the waiting time is not too long to be able to increase.
it's a cycle that we often see after BTC reaches ath and there is a fairly large crash, however, there are two negative sides that occurred in the previous year which also became a big reference to the chaos of the market situation, including the collapse of FTX and the collapse of Terra Luna which resulted in thousands of investors suffering losses which is big enough to even be the worst point in the history of cryptocurrency.
After this incident, the price of BTC slowly rose again, even if we measure it at the lowest price, of course, BTC has doubled this month. I believe bitcoin will reach a fantastic price in the coming years, it is possible that this year we hope BTC can reach $ 50k before recording a new ATH before the halving.
an incident that was indeed very detrimental to investors, but that did not stop them from continuing to hunt for bitcoin, and you are right that BTC has increased compared to the beginning of the year.
hoping that there will be no surprises that will make BTC fall again, instead I also hope that $ 50K will be able to be reached when it enters the halving period which will give impetus to increase.
The newest ATH will certainly make more surprises than previously predicted in 2021, we are waiting for that.
