Bitcoin's volatility creates tax opportunities most people miss. Enter your position and see exactly how much you would save by harvesting a loss, then immediately rebuying at the same price.
The wash-sale rule does not currently apply to Bitcoin. You can sell at a loss and immediately rebuy at the same price and still claim the tax loss. This could change. Several bills have proposed extending wash-sale rules to cryptocurrency. Verify current law before acting.
Not financial or tax advice. US tax law. Consult a CPA.