Bitcoin market prices have witnessed a lot of resistance and several attempts to make a head up the price of $25k after several weeks of a downtrend, there have been a lot of speculations surrounding the present market situation. But with the right thought and analysis, I am sure if Bitcoin could break the present resistance price moving upward would be that hard anymore.
maybe because we are near recession ? in which the effect will get even longer and bad? I'm not sure for what to come but if you are not ready to face such problem then best to leave the market or be ready for Hodling.
25k isn't even possible in our time now, look at the market, check the movement and you will understand what we are facing here now.
Bitcoin has been hovering around 20100 to 20500 since the last week which is bow lower than the speculated price mentioned on this thread, bitcoin market dip has continued but will have weak resistance without any significant price break out for that limit bd if this continues we may have to wait longer before the price reaches $23k or even higher.
For me it doesn't matter if I have to wait a long time to see the price of Bitcoin at a higher price than now or in the range you say it is. Because as long as Bitcoin still has price movements in the market and there are still traders who like to trade with Bitcoin, plus investors who are still willing to buy Bitcoin when the price drops occur. I think the price increase in Bitcoin will happen again if some of the things I said are still happening in Bitcoin every year.
Yes, it's better to be patient to profit than to sell losses, a good opportunity to continue to buy because I'm sure that the market will soon be rising and profit we will immediately get, Do not be afraid to buy when bearish, this is a difficult opportunity to repeat again.
depend on your needs mate, because if you are in the bad situation and need funds? then you have nothing to do but to sell at loss, or try to find lending site that accepts your coin as collateral .