No, the market has fallen for this reason. No, this is the bottom level. No, the market is preparing for a rally.
Please do not believe the words of these stupid so-called phenomena. I wrote before that there is an M formation and if it cannot break the 74 level, the first stop is 62 K levels. It didn't even come close to 74, it even fell below 70 thousand, I started selling what I had small. I increased the safe, which was already at 25% cash, to 60% cash.
Friends, this was a choice I made and an action I took in line with my plan. The market could have suddenly gone up when I sold and left me out. But I acted in a way that would keep me safe. If we have the money to invest, there is always an opportunity. We are all alone in this market.
Please make a plan and chart your own path. If you don't know how to plan and analyze, go learn. This is not a 3-day stock market. Btc and derivative cryptocurrencies have not yet been integrated into our lives. In the long run, current prices are free, but 90% of the current cryptocurrencies will not last for 5-6 years, of course.
Research, learn, do not enter with leverage with more than 10% of the safe. Stay well.
Have a profitable day.