Rise so high and fall so low I think its a natur
al condition for bitcoins, we cannot know when it will rise so high and fall so low. It wont last long if the price is stable so don't be afraid if bitcoin prices dropped so low, the price will rise high again. Never be surprised and panic you have to keep up for a long term until there will be the right time to take advantage when the price rise.
Definitely, you are right. Holding in a long run and wait patiently is the best option when you are buying around 6k dollars but now it is drastically dragging down to the range of 3k dollars. I could not say it is a very stabilizing market for Bitcoin because that is normal to the price of Bitcoin having a volatilization which is moving too fast up and down to make a profit. Indeed, just keep on holding until you will see that your profit was there because you can't jump in if the price was rapidly moving up.