Anyway, looking at the history of Bitcoin and cryptomarket the price is still the same in some but many are selling their holdings so they can spend their money because it’s holiday and people love to spend much during December.
maybe he bought his btc at a much higher price, remember when btc hit at about 64k. so high likely there are a lot who bought above 50k or above 55k. and right now, they are about to recover from their buying price. that's why for them this price is not yet recovery price, especially those who bought at 60k range. and it seems crypto market is going bullish again. so i guess, their hopes are getting high again.