It is likely to continue a long term bearish trend, as it usually does after bubbles. Bitcoin was clearly very overvalued and still is, so there is a lot of room for it to keep falling over the next several months/years. You have two options: 1, sell now and try to buy back in at a cheaper price in a few months, or maybe below a particular price (I would suggest $1500 or so). Option 2 is to just hodl, so long as you are willing to look at your portfolio in a year or two and not freak out that it is worth half of what it was when you first bought in. Bitcoin will have another bubble. It does this over and over again. It will likely hit $5k+ at some point in several years. If you hold, be willing to hold for at least 5+ years.