Bitcoin can be hold at any price even present price $20000. Because there are on 10 percent chances to dip Bitcoin and 90 present chances it will go up.
10% and 90% are too far from reality. I think no one can anticipate bitcoin price, if it will go down or up. We just should be updated to the price if we want to have profit. If we are scared when bitcoin falls down then sell it. Probably, sometimes holding bitcoins in a long term of period is good also. Somehow, bitcoin proves that its volatility is not a way for the bitcoin to be vanished in cryptocurrency, as what 2013 happened. Let just await until the future comes and anticipate what are good for us.