Well, it is a question that every investor of bitcoin is thinking. It's natural and obvious. The price of bitcoin went to it's historical peak in the month of December, 2017 at $20,000. At that time most of the analysts were thinking that the market will boost and touch to $30,000 and then the second stop will be $50,000 but most of the technical analysts were thinking that market will get correction.
I was also included in those technical analysts who were thinking that the price of a bitcoin is unnatural and it shouldn't be that much which was at that time. I was keep watching the price of bitcoin since 2014 and at that time the price went to 1100$ and at that time the price of gold was moving between $1100 to $1200 per ounce. At that time the analysts of forex and commodity market were thinking that the market of bitcoin will not go above the gold price. At that year, the same thing happened and bitcoin fall to $300 and at that time all coin exchanges stop exchanging the coins.
I think the similar history is again repeating itself. The bitcoin is now in correction mode and it may touch the limit of $3000 if the support of $6000 break twice. As of today, the price has touched and returned above to $6000 but the price didn't get big bounce, it means that some buying orders at the price of $6000 made little bounce in market. I will just say that its time to hold bitcoins, if you already have, if not, then just watch the market.