In 2014 and 2017, when bitcoin was in great difficulty, it was also said that the past cannot be a determining factor for the future of this asset. But at the moment, so far, Bitcoin has a pronounced cyclical nature.
Of course, now all markets are experiencing difficulties with liquidity. But this won't go on forever. It’s definitely not worth waiting for something good from the crypto market now. In 2020, due to the pandemic, I heard many times that it is necessary to urgently sell all digital assets and shift to physical goods, since during periods of a pandemic the value of any virtual candy wrappers tends to zero and such assets must be disposed of. After that, a year and a half passed and the picture changed dramatically. So now, again there is talk about the urgent need to get rid of bitcoin, because now there are such bad market conditions. There are always, always were and will be alarmists, but holders will never listen to such people.