Bitcoin (BTC) has experienced a challenging period, failing to hit its expected all-time high post-halving. The price has decreased by 10% and currently stands at $57.2K. This situation marks the longest delay in achieving a new peak after a halving event.
Analysts argue against selling Bitcoin, despite the price drop. They believe that the ongoing issues with strong interest rates and supply chain problems are temporary, and the market is likely to recover.
Investors are advised to hold their Bitcoin for the long term, predicting that the cryptocurrency will regain its value and potentially reach new highs as the market stabilizes.
