That's right, such corrections are acceptable for bitcoin, in every bull market it has corrections from 20 to 30%, and there is nothing unexpected about it, it has always happened. As for hold bitcoins, of course if for you this is a long-term hold, and not short-term speculation, then you should not even pay attention to such corrections. If you are going to hold bitcoin for a long time, then just hold, and everything will be fine. But even if you buy bitcoin for some medium-term, short-term investments, then I think it is too early to sell now because I believe that the bull market is not over yet, you need to wait for autumn, or the beginning of winter. If for you these are short-term or medium-term investments, then this is the best time to sell.
Especially for those of us who have been collecting Bitcoin regularly for quite a long time, it would be a shame to have to sell it because of the correction that occurred in the market. Some people with large capital will definitely take advantage of the correction moment that occurs to get a discount, while those of us who sell may become desperate with the little profit obtained.
We have been collecting for a long time, and never easily sell the Bitcoin we have, we are still waiting for the pump that will create a new ATH. Some holders may sell it at that time, but not all assets are owned.
Now they want to make more profit from these Bitcoin which is why they are not selling them right now because no one knows what will happen in the market of Bitcoin but everyone knows that Bitcoin is still developing and they cannot say how far it will go. Obviously when they have invested so much they will not like to take a normal profit because their brain and the development of Bitcoin will have a long price so they want to increase the price of their Bitcoin right now. They had the opportunity to buy Bitcoin then which is why they are disappoint now and beside Bitcoin is not going up that much yet.
Those who are going to make big investments are also waiting for the same thing which is why they are not sell Bitcoin right now. If they do not get a large amount of profit they may also be worry which is why they are not take this big step.
