The given answer, sinus bradycardia, is correct because the rhythm strip shows a regular sinus rhythm with a heart rate less than 60 beats per minute. Sinus bradycardia is characterized by a slow heart rate originating from the sinus node. It is considered normal in some individuals, such as athletes, but can also be caused by certain medications, heart diseases, or vagal stimulation. In this case, the rhythm strip displays a slow and regular rhythm, indicating sinus bradycardia.