Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.
Well the year is still long and yet almost over and this is especially for the short term trader or holders because I know most person have already set their mind on selling when the price reach 100k which many tagged to be this year. Although it's still very much possible for Bitcoin to reach but that's the thing about it's volatility, you never can pin the exact time so everyone should still just hold on their BTC and don't be in hurry or tired and then sell now cause believe me you might regret selling too early.
When Bitcoin price made history and made new ATH, most people and investors on this forum, not you or me, predicted that Bitcoin would touch 100k dollars very soon. It was only natural for them to think this way since Bitcoin ETFs were approved by the skyrocketing price of Bitcoin that made everyone believe. But currently the market situation is not favorable for investors. All of a sudden the price of Bitcoin dropped to $53k which we were not prepared for.
Maybe this decision can be wrong because market conditions are not always the same. Currently we are passing deep time in crypto market. Therefore, one should hold the investment patiently without getting upset or worried about selling the investment during this period.