After Bitcoin $BTC broke through $70,000, it had two major pullbacks:
The first one was from 73,777 to 56,000, with a retracement of 23%
The second one was from 72,000 to 58,000, with a retracement of 17%
I predict that the current position of 58,000 should be the bottom in the near future
Looking back at the historical trend of BTC, every pullback of about 20% is an opportunity (bull market)