There are some investors who have expressed strong confidence in Bitcoin's upside potential, suggesting that once Bitcoin breaks the $65,000 mark, it could quickly escalate to $90,000 and beyond.
There is a technical pattern known as the “sideways overlapping flag consolidation,” which suggests that Bitcoin's consolidation period is coming to an end and preparations for a significant price breakout.
Personally, I think the current correction will not be anything to worry about because the overall outlook is positive.
The market is trying to gather liquidity for buyers (at the expense of sellers), this is usually an encouraging pattern with the aim of further strengthening.
