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?
currently the price is decreasing and is already at 47k I think it's still fine if the price hasn't passed 40k or below. We all know Bitcoin has always recovered in the past and is able to peak in price, and if you believe that and don't mind the waiting time I think it's better to hold on to your Bitcoin because I also believe Bitcoin price will recover and will reach a new ATH.