Dear @gooddream

Solid read. Topic still quite hot and trendy :) upvoted already.

Im only worried about not having enough stable coins to buy more into this current violent correction.

Personaly, I do not care much about TA and charts. I focus on psychological aspects of investing. And I've seen recent market already as quite unhealthy: to much hype, growing FOMO and many newbies entering crypto space. So called "weak hands".

And those weak hands needed to be shaken off. Sooner or later. It's just another wealth transfer, as we've seen many in the past. However, neither crypto, bitcoin or blockchain technology will disappear.

It's also crutial to mention, that idea of bitcoin being banned doesn't seem to be real any more. Window of opportunity to do so is gone. Back few years ago (during crackdowns in 2018) goverments kind of collaborated with each other and crypto was young. And they failed to ban it.
Currently I cannot see China and US and EU collaborating the way they did in those days. And bitcoin matured and got so much stronger. So it's not going anywhere.

In a long run many of us most likely see BTC reaching new all time highs. Sooner or later. But ... what about short and middle-term?
If some miracle won't happen, then I would expect sideways movement for upcoming several weeks. After all, institutions are not the ones driving price high. Those are usually all those newbies, who follow FOMO and who are becoming very greedy very fast.

So we may need some time to attract more such an investors. We would need more new "weak hands" which will enter the market being quite sceptical and after seeing their first investments being succesful -> they will fall into GREED MODE and invest so much more of their savings.
That surely may take some time. So we simply need to be patient.

Cheers, Piotr