BTC and crypto in general is so different from traditional trading. Many people are waiting for a psychological number to start or get back in. I think this number is $10,000 for BTC. A shrewd investor would see value in this market and get as much as they could get now instead of waiting for the market to go up.
As a person who went into finance as their career, I find the norms of the crypto market fascinating. There is so much good info out there, but people still act/trade in a way that doesn't make any sense. Too much short-term thinking.