yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
If you are a long-term holder and investing in bitcoin doesn't affect your day-to-day economy, then I don't think you should worry too much and worry about how much bitcoin will drop.
If you go through 2018 you will see bitcoin drop from $20k to $3k and in 2021 you will see BTC's all-time high of $69,000. No need to worry too much about the price, keep holding in the bear market and wait for a bull market to see its rewards.