In truth, many bitcoin holders took profit when the price of each bitcoin was shaved in reality, and the ATH was even at 73k$ something, so I am also impressed with those who took profit at that ATH until now having a declining market.
Even now, the market is still in a position of retracement or correction. In fact, if you look at all the exchange platforms, they are still in the red. And I think it will be a few more days before the market gradually rises again.
Well, it seems like the market is starting to make a recovery right now because after Bitcoin reaching as low as $61,000 (based on Coingecko), it is now sitting at around $65,000 already. I guess we will touch the $60,000 price range again.

Now the $61,000 price range is acting as a short-term support currently.
TBH, that sudden pump of Bitcoin that went up to near $75,000 was because of extreme greed coming from the investors. They thought at that time that Bitcoin will continuously go up at that time, and they don't want to get left by it hence, many bought Bitcoin causing the price to increase. In short, many got FOMOed that's why it went up significantly. Now the ones who bought earlier sold their Bitcoins to their faces causing the market to go down.
Well, if anybody here bought at the peak or near to it, just hold it because anytime soon, we will be on a bull run phase and it's price will go up obviously.
