2022 has been predicted to be bearish and it was, just a month left to 2023 which is less than 2 hours away. It was not easy all through this year, but continuing to DCA would yield good return later on. Those that are losing should not sell by now when the price of bitcoin has reached significant lower price, it is wise and a good strategy to buy more using DCA.
I think we'll be under $20k at the close of the year. Yes December entered where today's bitcoin price rose to $17300 and at this time the bitcoin price was trading again below $ 17k. market sentiment hasn't recovered yet and we're seeing some turnaround in the high sell-off going into the year-end holidays. at the same time where we have to face a bearish condition on the attitude of the whales who take the option to sell as they face the end of the year. but we can look at history in the past where in December there were always big surprises in market movements.
I agree with you that we will not sell on the profits we got in the bearish conditions that occurred a few weeks ago because this is a good moment to hold in in order to be able to get bigger profits when the big pump trend comes.