Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...
The longer we stay below the $23,000 price level, the more difficult it will be to return to the higher levels, but it is wise to expect that, at the present time, with all the world crises, maintaining these levels is a very positive thing.
Therefore, if by bullish momentum you mean the successive rises that have been taking place in the last two years, then the matter is not correct, and if you mean no declines, then it is likely that it will be difficult to drop below the $17,000 levels.