Topic 5565493
Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell.

There is no obligation to keep holding Bitcoin in any market situation. You are the one who determines your own investment plan. If you want to sell, just enjoy the profits you have earned. If you sell at a loss, then that is the current consequence. Some who panic may sell now and hope the price drops further, then they can buy in again at a lower price. But those who have been accumulating for a long time might continue to hold Bitcoin even during a bear market.