Is the Great Collapse Coming? Is this a drop purchase opportunity?

Ladies and gentlemen, we leave behind us a week in which we saw a 10% decline on the #BTC side due to intensified outflows on the ETF side, but a 20% decline at the low.

Is the Great Collapse Coming? ️

There are a lot of funds circulating in the market. I find the statements "Collapse is coming", "This market won't recover for 6 months", "Finally, the journey $BTC 30 K has begun" to be false. In my previous articles I already wrote that they would try to kick everyone out before the halving. I still don't expect 56,000 before the halving. But for your information, the probability becomes higher as it closes below 67,500. This is why it is not wise to panic sell. But since the purchase includes 20% cash, I have no plans to purchase again. I saved it for levels 56-58k now. If it comes, I'll take care of it. Of course, I will take advantage of some Day Trade opportunities or continue to purchase newly released pieces that I like. I think once again the Big Down will come after the Halving.

Is this a drop purchase opportunity?

Unfortunately, it is useful to watch the market as the uptrend has broken down. Time will tell whether this is a dump trade or a pre-sale of half profits on the price of Bitcoin. For my part, I said that I would make my third purchase between levels 56 and 58k. Since I'm 80% into merchandise, I won't consider this a buying opportunity. However, if the quantity of goods you have is 50% or less, purchases can be made provided that some of them are maintained at the levels I mentioned. Please remember we have no business with Fud or Fomo. We have