Is the big collapse coming? Is This a Buying Opportunity?

Ladies and Gentlemen, we have left behind a week in which we saw a 10% retreat on the #BTC side, with the outflows on the ETF side intensifying, but the bottoms reached a 20% decline.

Is the Great Collapse Coming? ️

There are a lot of fuds floating around in the market. I find the statements of "Collapse is coming", "This market will not recover for 6 months", "Finally the $BTC 30K journey has begun" wrong. In my previous articles, I already wrote that they would try to throw everyone out before the Halving. I still don't expect 56k before the halving. But for your information, the probability becomes stronger as it closes below 67500.

That's why it's not wise to panic sell. But since the purchase includes 20% cash, I have no new purchase plans. I've saved it for 56-58k levels now. If it comes, I'll take it from there.

Of course, I will take advantage of some opportunities for Day Trade or continue to buy the newly released coins that I like. I again think that the Big Down will come after the Halving.

Is This a Drop Buying Opportunity?

Unfortunately, it is useful to watch the market as the rising trend break has occurred. Time will tell us whether this is a throw-out operation or a pre-halving profit sale on the priced Bitcoin. For myself, I said that I would make my third purchase between 56-58k levels. Since I am 80% in the goods, I will not consider this as a buying opportunity. However, if the amount of goods you have is 50% or less, purchases can be made provided that some of them are kept at the levels I mentioned.

Remember, we have no business with Fud or Fomo. We have established our own plan and will proceed accordingly. Our first expectation is to see a two-day closing above 67500. My expectation of reaching between 74-78k before the halving ends if the closing is below 68500 this week. I am writing again and again, I have no plans to add or sell for profit right now. Of course, if there are coins that rise very high, I can sell them for profit.

Don't buy dreams, invest!

$BTC #farhanfayyaz