I am not ready to sell my bitcoin because I know its price will increase back, I do not mind if it will take time but I know it will increase back. But recently the price of bitcoin has been decreasing, before it was at a resistance of $60000 but now it is at a resistance of $55000. I am thinking bitcoin price may never increase for now back to above $60000. The support is strong at $50000 and bitcoin has not falled to the level at all but is this not the begining of the bearish market?
That's the best decision you ever made mate, resistance never been taken down as price rapidly recovers towards $57k - $58k lastly and it stabilized. Bearish market hasn't come back yet, lets expect demand to rise for even better value. Only that we have to wait for few more months before all time high takes place.