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?
I think this really depends on your readiness to hold bitcoin, but I think bitcoin will continue to strengthen in the future, it's a good idea to keep holding it until the right time, so far bitcoin has not experienced such a big price drop, so it's still in the safe category for now for bitcoin, the correction phase will definitely return to the green line, although now it has not shown a stable and normal sign, there is a time for us to be patient to achieve maximum sales results, rather than taking steps but not making profits.