A lot of us could care whatever the movement btc is making because each of us has our own goals. One is to sell for a profit so they don't want the price to go down at the moment but for those who already done selling, they are now waiting for the price to go down so that they can buy bitcoins again. For now, no one knows what can happen since the market is so confusing so better not expect much.
it is depend on your plans and strategy but Indeed that many of us take this advantage to purchase and hold, only few are selling as this is not really a best interest in this bear market.
I think BTC halv should get things started again. Unfortunately , the next halv is in Apr 18, 2024 01:59:44 AM UTC around that time so we are still 1.6 years away.
Any other reasons for BTC to pump would be the cycle between pumps so technically we should have a pump on late 2023 beginning of 2024 and this is what my predictions has always been and still believing that BTC should be under 15k$.
and that will take effect in at least months or even a year before we finally taste its flavor?