Moreover, if we study Bitcoin correctly, we will understand that Bitcoin always recovers quickly when it experiences a price decline.
For the current bullish season, what you said is true. Bitcoin recovers quickly whenever there is a dump on the Bitcoin. But if it is in the bearish season, I doubt the Bitcoin price can recover as quickly as in the bullish season. The demand to buy Bitcoin is not very big as in the bullish, so we must be more careful when we are already in the bearish season.
What goes up must come down and what comes down have always the chance or possibility of going up and this is how people should be thinking off.Calling it a safe haven cant really be fitted out on any investment.
There would always be a risk on whatever you do as long you are aiming for getting profits then you should take a risk.Dont think about being safe or risk-free because it wont be called investment if you dont risk out.
Be prepared on the risk but if you dont like on losing money then this market isnt really for you.