Basically all Bitcoin holders who bought within the past 7 months have lost a huge portion on their investments.
Having an investment register red candles is not bad on its own, it only is, if you cannot hold through that period and would need to panic sell as you invested more than you can afford to lose.
If El Salvador's reserves can absorb the Bitcoin dip comfortably, then it's not much of an issue.
This bearish market can be seen as an opportunity rather as a bane to these investors.
While the prices of BTC dropped significantly over the past few months, this is a perfect time for long-term HODLers to acquire and purchase more during the process. Given the deflationary nature of BTC, its trend would is most likely upwards- meaning its price would increase definitely in the future, though no one knows when. But the fact that its price already reached $60,000 is an indication of its potential to increase again.