I'm really confused, I want to know if it's time to cash in or to cash out, suffered lots of losses last year
That is what we all want to know and in my opinion we are not in a bull run and we are not in a bull trap either, this to me seems more like a correction, the price of bitcoin that we have been seeing during the last months was not real, I always thought that any drop below 6000 dollars meant that bitcoin was undervalued and it seems I was right since the recovery we have seeing has been swift.
If you want to cash out now you can do it but I do not see the point of doing something like that since it seems the negative trend we have seen during the last year is reversing and could culminate in a bull market during the next year.