I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.
I think the problem here is each person's understanding and expectations for BTC and the crypto market. Let me clarify a bit.
BTC halving occurs every 4 years, so the market period is 4 years, similar to traditional financial markets.
So, we have seen BTC create new peaks every 4 years: 2013 – 2017 – 2021 and we will most likely see the next peak in 2025.
After halving, BTC price usually increases continuously rather than continuing to create a lower price, so I think right now, we should focus on the bullrun with our own targets.
For me personally, DCA is the right strategy and generates profits consistently with BTC. With a simple Fibonacci measurement, I can determine a target for BTC at $160K in 2025. Of course, I will start taking action when BTC hits $150K to initiate a DCA-sell.