Although bitcoin is currently reddish, do not panic selling, be patient and bear it for a while, and if you have enough money you buy bitcoin and then the price will definitely come back.
How much time we need to wait? I am asking myself right now if I am going to sell my coins or not. Because definitely, there is no certain changes in the market. The price is moving because of a short hype. In fact, there is no break out happening last days. The resistance at $8k is too large and I think it will be broke up once large investors will come.