If the fall in the market surprises you, then you are not reading our channel very carefully or simply ignore the huge number of facts we have given that indicate what is already happening.
We hope that you are not one of those, and therefore do not feel afraid.
Meanwhile, Bitcoin collected liquidity in the first zone of $40,222.
According to our logic, Bitcoin must collect liquidity in at least one more zone below $36,729 and only then can we begin to talk about the end of the correction in the market.
❗️We talked about liquidity zones in the post 👉Why is the market just beginning to correct?
We think that the market will continue to fall, since the indicators described in previous posts have not yet reached the zones indicating the end of the correction.
And in general, we talked about where to buy Bitcoin in the post 👉Bitcoin. Goals for growth and decline.
If you are sitting in a drawdown, then you need to understand an important thing. When the market reaches or is near the bottom, there will be severe panic in the market and the media will add fuel to the fire in the form of negativity. Your task is not to panic and sell everything on the market 🙅♂️
Especially considering that Bitcoin only has a maximum of -10-17% left to fall from current levels. It's not that much.
Moreover, you can now begin to build a medium- to long-term portfolio.
In general, we expect the correction to continue, and we also continue to hold our Bitcoin short and prepare for new purchases at excellent discounts.
👍 From the positive points:
The “fear and greed” index is now exactly in the mid-50s.
It is decreasing quite quickly, so we can assume that at $36k there will be “fear”, and if it decreases below there will be “extreme fear” and such opportunities must be purchased, if, of course, you want to make money in the market.
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