Since the market is going down and down are you worried about your Bitcoin? I saw someone asking what to do with his/her bitcoin? S/he has 12 bitcoin. What are you doing with your bitcoin?
I think everybody was sort of expecting this drop. This is a totally natural move for the BTC market and there's nothing about it. It just helps for some people to sell their bitcoins, if they wanted, and it also helps others to buy even more bitcoins at lower prices.
For instance, if you have been hodling the bitcoins since 2015, you might actually want to buy some more right now.
The idea is that we don't know yet whether the bitcoin's ceiling is. Whenever we reach it, we might actually understtand that it's its ceiling and know that it's not going to higher. However, the problem is that if you have a lot of bulls, buying BTC, they might be able to break through any ceiling you can imagine to exist.
In terms of the bears, I'm not sure that there's that many bears. So, this is what might be happening:
1) the hodlers just go on with their own business and don't pay much attention to the current pricing
2) the bulls don't want to buy BTC yet, since they don't feel that the bottom has been reached. Whenever some good news comes out, they will believe that the bottom has been reached and start buying.
3) there's not that many bears. It's just that some people decide to sell their bitcoins. There's more bears and than the bulls, this depresses the price. But it doesn't mean that the hodlers are ready to sell out whenever BTC reaches 7K, 5K, or even 3K. It can easily go down to 3K and then move up to 50-100K. Quite easily. Just zoom it and see for yourself the past history.
I am not worried at all. I have certain investment in BTC and I can't lose it, since I have 30-year-plus-hodl strategy, so this means that there's nothing in the world that can make me get concerned. I just don't care. I'm in it for the long run.