We did get as as low as $47k, but after that bitcoin has bounce back very nicely, now hitting above $52k. So it's good that we didn't get to $44k, anyways, if we did then there is that another perfect opportunity to buy in the dip.
It seems that institutions are going to keep on stacking up on bitcoins. So it's really a lost of selling it right now, as you are just giving it to this big companies and whales with high leverage at a discount. Better be just a holder and not panic. Sooner or later the price will bounce to $60k or more or even a new all time high.