#BTC The recent decline over the past few days has caused market panic to soar.
Some friends have private messaged me, and the two main concerns in the questions are:
1. Is the bull market still on?
2. How to build a position?
If you have read my previous articles, then you should not panic. This decline is currently in line with the previous technical analysis and belongs to the 'big fourth wave'.
So, the first question is, the bull is still here.
As for the second question, if you agree with the answer to the first question and also believe it belongs to the 'big fourth wave', then the second question is not a question anymore.
The only difference is the slight variation in the entry price and the final profit amount.
What we need to do now is to 'wait', to see if it stabilizes around 75,000 and if the support holds.