Many experts believe that the current correction is temporary, but if it has happened more than 7 months then I think we will enter bearish for a long time, I believe the market will be difficult to pass ATH this year and this is what makes me prefer daily trade rather than hold for the long term.
Not only experts believe that Bitcoin is experiencing a temporary decline in price, but people who are experienced in the crypto world will think
the same. Because if we study the movement of Bitcoin, every time the price falls, it will always recover, that's because of the high demand
for Bitcoin. Therefore we do not need to worry about the current bearish trend, I prefer long-term holding for Bitcoin if it is in a bearish situation
like now. However, if we plan to buy altcoins, it is better for daily trade. Because the movement of altcoins is more difficult to predict, so it is more
risky to hold for the long term.
Regarding the reasons for Bitcoin to fall, this is a natural thing to happen, and there are several reasons that make Bitcoin fall. What makes the most
sense is because the previous year the price of Bitcoin had gone up very high, so when entering 2022 there was a decline in price, that's because
many investors are taking profit. But I believe the price of Bitcoin will definitely recover, can even rise even higher than the previous price.
Because the Bitcoin price fell is not the first time it happened, Bitcoin has fallen many times, even in 2018 the Bitcoin price fell even deeper.
But no matter how deep the price of Bitcoin falls, it can always recover.