The bull cycle is still on, what is happening is only a correction and the main correction will happen tomorrow. Btc will likely touch 64k tommorow. I don't like telling people to open a short position during a correction in a bull market because bull market reacts very well to positive news, so opening a short position in a bull market is not proper risk management. Nobody is sure when a positive news will come out and market may move up suddenly, like what happened during the ETF period. So it is adviceable to always long a bull market or close your position or reduce you position size when there is a correction. Negative news will not cause a dump in a bull market, the market will only react by retracing for some moment and then continue moving upwards. Negative news can only cause a dump in a bear cycle, and positive news won't have much effect in a bear cycle too. So don't mind the FUD about German government selling btc or mt.gox repayment, it will not cause any dump, it will even fuel the bull market more just the way corona disease pandemic did in the previous bull cycle in 2020. Lastly you don't need to trade with your emotions, your aim in crypto trading should be to make profits and nothing else. Am monitoring the market, Once the correction is over, I will post it. The Next target for btc once the correction is over is around 75k to 80k. Good luck everyone