If Bitcoin hit $60K. What next? The answers to your question are depend on what is your purpose for your Bitcoin, If your purpose for profits, you can sell it and take profits, but if your purpose for long-term investment for a better future, so keep hold it. Traders of Bitcoin will happy, but Bitcoin holders are happier
I think we have the answers already, bitcoin didn't sustained the $60K price level.
Resistance along this price is too big, selling pressures pulling the price to $55k in 2 days. Plus I've read that there are some FUD regarding a whale moving a billion worth of bitcoin and probably scare a lot of newbies and panic and sell their coin.
Still affecting the entire industry, such whale dive automatically creates panic from weak holders, it's really hard predicting what will happened after breaking a new ATH.
Chances that early holders also ride along with fuds, adding selling pressures as they already have enough to cashout and enjoy.
But, there are still believers who are still keeping their assets, institutional investors who
have enough knowledge to understand this temporary situation, investors who are aiming
to maximize their benefits from this market.