Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
an important reason why we have to set a price target on bitcoin is so that we don't regret it in the future, the price of bitcoin is very volatile, even tomorrow the price of bitcoin could go to $ 40k or even drop to $ 20k.
btw, I have several mbtc that I hold, I have a target price of around $ 80k, why did I choose a target price of $ 100k because I see that market sentiment towards bitcoin is still not very good, there are still many interventions from governments in various countries.
Patience is the key to investment success, no patient person fails, they will always succeed, that is the fruit of patience.