A lot depends on how much btc you have and at what price did you pay for it.
If you purchased 2 coins in NOV 2022 at 16k each you now have two coins at 72k.
That would be 32k into 144k.
You can sell .5 and get 36k still hold your 1.5 btc
I can see that some did this which is why price is facing resistance.
It is good to take profit partially in order to get initial capital back and keep it safely. Nothing to lose when taking profit especially it is to defend your initial capital. By this strategy, even if Bitcoin crashes to $10,000, there will still be profit, not losing anything.
After rising 6 months, it makes sense to have a correction and I am not surprised if it is a big one before Bitcoin soars more.
I think we may soon have a bigger move up.
With Bitcoin Spot ETF heating up the market, more capital will come in future, future supply will drop 1/2 after the halving, price must move up a lot.
Dark green color is for USA. Spot ETF inflows.
As the people that got in at 16-17k will soon feel they shaved off enough. Once that happens we could jump up a lot more.
They can hold to wait for higher prices after halving or partially take profit like above method which is not bad at all.
By having many people taking profit now and many leveraged people in the market, if the market has a big correction, it will give Bitcoin a more healthier market to rise up more in coming months.