The price of Bitcoin is still above $30k. In fact, it bounced off that region twice in the past 2 weeks, as well as back in early February. This is a major floor of resistance. Odds are, if Bitcoin can stay above $30k, then the 2021 bull market is still alive. Even the indicators have shown that Bitcoin is severely oversold. Have patience and faith in the institutional money that is flowing into the market at this very moment. NEVER underestimate Bitcoin.
If worse comes to worse, and we break below $30k, then you should assess your threshold of risk management and consider a stablecoin position temporarily. That doesn’t mean Bitcoin is dead. It would mean that Bitcoin is entering a long and ugly correction cycle, which is natural. Just wait for a lower buy in opportunity. There is always another opportunity in Bitcoin.