Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...
Bitcoin will never reach 400$
Bitcoin will never reach 1100$
Bitcoin will never reach 2500$
Bitcoin will never reach 8000$
Bitcoin will never reach 12000$
Bitcoin will never reach 20000$ <-------- You are here.
Bitcoin will never reach 50000$
It will take time for us to wait that bitcoin will reach $20k again, maybe this year is impossible for bitcoin to reach $20k again because I think some other investors are now investing with other cryptos instead of bitcoin because they see that they will make more profit with any other coin than bitcoin.