With articles like these it is hard to know.
https://sludgefeed.com/this-technical-indicator-says-bitcoin-almost-oversold/
https://www.ccn.com/wheres-the-bottom-bitcoin-price-could-sink-as-far-as-1500-analysts/
On onside they are saying tech indicators suggest a bottom has been found or is near, on the other hand doom & gloom.
Nett result is confusion, what to do?
If the big picture, I mean really BIG picture, is considered then maybe some light will shine on this.
Who is selling & why?
BTC has been stable for a fair while now, then suddenly price drops.
USA elections & strange goings on with vote counts
Europe wants it's own army to counter Russia, China AND the USA
Consider that 80% of global wealth is held by a very small group of people who run the fiat system, and control it via regulations and interest rates.
that same group "own" the media, they can promote "news" as well as "propaganda" in order to dictate public opinion, and create fear.
Just last week the World bank said all nations should have their own crypto currency. - Was this part of a media play?
The last thing the banking cartel want is to lose control of 'money' as that is how they control the populations of the world
Perhaps in the big picture what we are seeing is a divide & conquer approach to killing off crypto
Then perhaps the BIG picture says HODL, as it seems based on global events of recent times (3-4 yrs) the cartel may in fact be losing their hold & control.
Perhaps the best strategy is to trade crypto. Money can be made in any market, "Buy low sell high" works, but so does "sell high & buy back low", it is the way markets have worked for centuries.
But if you are in the HOLD camp, may be better not to read the news as it does look bleak atm.
Sorting wheat from chaff, is not easy, in a world full of news feeds.
Sound judgement comes from thinking, not fear.
Time will tell