I said it before and I'll say it again my target for a bitcoin ATH was $114,000 for this bull run and so far that seems to be holding out very well. I believe over the next 3-6 more months we could slowly continue to see a sell off downwards into the $70,000 and maybe even the $60,000 before we ever see another major rally again.
Right now nothing is happening with crypto. As pro as the government is on it it takes months if not over a year to get everyone in place and even start passing laws that enable companies and people to really invest and start building. And that's the next kicker to "start building" that means the applications etc most likely wont be ready for another 6 months and in some cases over a year pushing us into late 2025 to mid 2026 before we even might see applications take hold that are pro crypto.
What that means at least for me is that it's once again stacking a accumulation phase time!
Also remember that today the tariffs go live for Mexico and Canada which also might be triggering the sell off as news of that will be breaking.