honestly I too was hoping for under $5k in the next couple months cuz if so I'd been trying to pick up some extra bitcoin. But I'm also very much looking forward to getting back over $11.6k so I can get all my trades out and start trading again that have been stuck for a couple months.
You should have bought it at the bottom of around $6500 which is still quite cheap instead of waiting for the price to go down to $5K as other have been predicted ever since the bear sentiments took over the market. But still a win-win situation if it really bounce around $11.6K for you. Let's hope it will so that we can make profits that way.
Dont worry, they were shaken out at that fall from 20k to 13k. Nobody of FOMO buyers into 20k rise stayed that i know of. They are still scared to even look at bitcoin, so i would say the downtrend took care of the normies...
I already. I think they are all gone specially when the price hits below 5 digits. You will also noticed a lot of thread by newbies bitching around and crying that they lost and selling is the only option for them. But now we are on the verge of a bull run, I hope that they will come back again so that the market can be pump anew.