Apparently, the sideways market broke down not out. Are we in a "now what" situation? Or do you think this is as far down as it goes? Even the week chart looks bad for BTC. Any suggestions what to do?
There's no "now what" situation. There's only one thing we could do. Just HODL. Selling your BTC right now seems like dumb move.
The panic on the markets is reaching high levels and fear is the worst advisor. If you are confident enough about the price hitting 10K, you could sell your BTC now. I don't know what will happen, so I'm just HODLing. Maybe the Bitcoin price will return to the 2020 levels of 10K-12K. This isn't a bad thing actually. It's not the end of the world. The worst thing right now would be making emotional decisions and acting like a conformist. Just wait and see what happens after the wave of fear and panic goes away.
ALready here in our country its is downhill - and the hill is very bumpy and steep.
By the time we will touch the ground - we will be almost lost. The high prices and inflation has been a serious shock for the poor people.