Bitcoin holders must brave to hold for a long time, the current won't be a big problem for them. We don't target to sell our Bitcoin at $50k, we target to sell at a new ATH. However, sometimes we allocate some Bitcoin for trading or holding in a short period. It is okay to sell when Bitcoin cross $50k. Then, we will buy again more Bitcoin when there is another dump. However, most Bitcoin must be kept on the wallets for a long term target.
I'm not surprised Bitcoin dropped below $40k. After some pumps in the early of January, there should be a dump to follow.
that's true mate, bitcoin holder must have brave to hold for long term.
For now, I think If we buy bitcoin , we will gain big profit for one year again.
Maybe at Q2 2025 we will see bullish season.
I also don't believe bitcoin will down below $ 40K again, because current bitcoin is going increase again.
Before halving bitcoin will touch around $ 50K.
But It's just my prediction.