Well, that was a shocking move from Bitcoin and the majority of the analysts and investors haven't anticipated any such move in their analysis. A lot of new investors panicked and sold their BTC holdings to mitigate their losses, but the experienced investors saw an opportunity to fill their bags with some more coins. Such things are common in stocks and these panic situations provide an excellent opportunity to buy the coins at a much lower rate.
It can be seen from the way they adopt Bitcoin, they cannot be consistent in holding their investment and prefer to sell it in anticipation of their fear of the losses they will face, on the other hand those who understand and are experienced take advantage of this moment to continue to survive and keep their assets, and they take this opportunity to DCA to pocket more of their assets and this is always done by investors who understand the flow of their investments.
This is the suggestion every investor should follow when it comes to crypto investment. HODL is the ideal choice in this situation. If you wait for a couple of days, things will settle on their own.
The correct assumption is that now is a good time to hold and see the development of the decline that is slowly fading and will see the movement of the graph going up, and continue to make purchases when the value is still in decline, just keep watching and waiting for the next increase in value.