Is 40k BTC correction Still Possible?

BTC is hovering just over 43k and the corrections we all thought would happen haven't happened in the degree and manner we thought it would. There are still 7 days to the end of the year and within these periods, anything is likely and still possible, but we've seen some corrections, it just wasn't that obvious for BTC, yet the alts still bled, more than they corrected. Hive was at 37, 38 vents but corrected to 35 cents and trying to approach 36ish, but not yet.

Of course, it's not just about being an alts alone, with so many other factors in regards to the tokenomics, as well as the time not being right yet. In reality, we're all waiting for that correction, and we haven't really seen it, but will there be a correction to at least 40k before the 31st, I don't know, but the way it is, it doesn't look likely, at least not at the moment anymore. However, if this doesn't happen, maybe January might be a month of corrections, infact the whole of 2024 might be all about corrections, the first, second, and third quarters might be stagnant, and not much movement, then everything blows up in the fourth quarter.

For me, I don't really see the alts moving much in the first three quarters as well. Maybe BTC might, but not the alts. I still feel that some people can still load up their bags till the third quarter of next year, but after that, it's full-blown bull market. Why do I think we might not see much movement in the first 3 quarters?

I don't really know, it's just me trying to predict. However, this might be different if we see the spot ETFs earlier. Maybe at the end of the first quarter or the beginning of the second, but if not, the market might still do the regular thing, but with a certainty, BTC should hit and surpass its previous ATH in the last quarter of 2024.

From my perspective, everything bull market will begin in the last quarter of 2024, and this is when I feel that alts will really come to the party. For now, 2024 comes with a lot of uncertainty. The SEC and Gensler might have something different in mind for the spot ETFs, maybe another lawsuit or another wild goose chase. No one currently knows what the SEC has lined up, and will it influence price and market sentiment?

Maybe, maybe not, but the SEC will definitely make headlines in 2024, it's more like them. So, we might not see a noticeable correction till January, and it's good to note that the market is finishing on a solid note for the year's end.