I'm buying coins, freaking again and selling them. I'm still learning to trade, made some lost much larger and recovering again. The difficulty on making a trade on such volatile market is to find the right time to take profit or stop loss. What I can say for sure is bitcoin is much more inflated than what it's worth at least at the moment. Anyone buying now for the long term would get hurt.
That's called 'weak-hand' because the price of bitcoin will recover after it fell, although the best time to buy at a lower level below $40k. Learn the technical analysis and trends on the market to decide entry point, stop loss, and percentage of profit. Nonetheless, a different perspective for long term holder even for them who bought at $42k as the price will increase significantly this year, $50k-$60k in next month and may surpass $100k in q4.
Now bitcoin down to $34,000 but still any chance for back above $42k after last day success break from $29,000 become $38,000. maybe take again with correction before bitcoin can reach above $42k, still higher maximum price for bitcoin in this year on $42k will available and have chance for bitcoin back above $50,000 or bitcoin keep going down. I need bitcoin can reach higher price and hope with any altcoin can going to the top price again.