I would say it's a small dip (p.s. not correction as I wrote previously, franky1 explained it better in the upcoming posts) before the real push would come and propel the price forward.
The rally is still strong and the BTC DOM factor didn't fall that much.

It wouldn't be surprising if it rebounds especially with potential crypto-friendly policies from Trump.

It's true that fear can lead to panic selling and that could push prices lowers in the short term.

I think it's a wait-and-see situation, but long term, bitcoin's fundamentals still look strong.

Bitcoin correction is a norm and I was expecting it since the price pumped so fast in few days to $99,561 that was when I had the doubt that it will cross to 100k without price retracement. The current dip is for it to enable the price of bitcoin to advance farther into six digits and above.

This is also another opportunity for those who was complaining that bitcoin price is high to buy bitcoin because it's clear that 100k price is sure. You shouldn't expect the price of bitcoin to be on uptrend alone so that you don't panic and sell when it's moving downtrend because the price will bounce back.

Bitcoin is down but that doesn't mean it is a drop although the price down is more than $6,000. You don't have to worry with the fluctuation of the price but use that for your own benefit so you will have a chance to accumulate more Bitcoin by buying at the low price. This down is just temporary and usually happen after the price hit the highest price so the price will increase again.

Bitcoin will have a chance to increase so you don't have to panic with the situation. You need to calm down yourself and analyze the market for buying Bitcoin. If you can see when you can buy, you should buy it and hold it because we may not see the low price in the future.

Even though it is bull season, but we cannot expect bitcoin to rise vertically without any corrections. Bitcoin has been rising rapidly and reached $99k in a short time, so a correction is understandable. So every time bitcoin price corrects, we should see it as an opportunity to accumulate more bitcoins, not as a time to panic sell and have to buy back at a higher price later.

I believe that if bitcoin doesn't pull back and break $100k, we will have a stronger correction after that because people will sell massively when bitcoin hits $100k. Because $100k is the sell target for most people, but with bitcoin pullback before hitting $100k, the selling pressure in the market will decrease significantly.

Many people got scared and sold their bitcoins in the past few days but I am happy with the current situation and believe that bitcoin will soon surpass $100k without any correction after that, and those who sold will definitely have to FOMO and buy back at a higher price.

As Franky1 said - we are seeing the same story all over again, and we may believe in it 
Then 2025 will be the biggest ATH for BTC for sure.

One would think whether this is the next fall or just a pause? I think it's natural for some people to ask because they expect a continuous rise... even though we know the market will not stay in the good area for long, there must be a correction pause to rally again, some investors will take profits immediately so it's natural.

If you know how the market pattern is going forward, especially there is still a positive thing where when Trump is inaugurated in January, it can be a good signal for the price to rise again, there will definitely be a bounce again.

Now people will buy a lot of coins again some of them take profits... just let them do what they do.

I would say that the news is the levers that propel cycles (which are more like technicalities) forward. They change the sentiment and make people think about what time it is, what's up with BTC, and what cycle we are in (though I do think people don't bother about that one at all when the price is growing steadily if they didn't live through multiple bull runs and analyzed them).

nah
it is more like naive traders that dont understand bitcoin economics and bitcoin cycles, see the price move and then try to look for social/political news of that same time and try to think that it must have been the social/political event that caused it, because they dont know better

just look at this dip happening now.. its the same pattern as the last cycle.. heck lets look at the previous one to that
the 2016-17 events
7 months after the 2016 halving the market found a new peak above the previous ATH then dipped in the 8th month.. then the climb to the 2017 ATH began

..
what you need to learn is that when people learn the patterns. by knowing the patterns people then act to make the most of the patterns which can make the scale of the peaks and dips change % growth/drop based on how much they take advantage of the pattern.. again its not based on silly social/media news of celebrities

$100k is a round and big number. That makes it a psychological resistance where people think it is a "ceiling" or a resistance. Which makes it into a resistance and because of the sell offs (where short term traders take profit) the price can't go past it. When we fail to break a resistance, the number of sales increase therefore price comes down more creating a "correction".

It is just natural market dynamics.

We had the same exact market behavior with $70k before this, but that one lasted longer and needed more attempts to break it.