How Bitcoin may lose 50% in long squeeze - is 5000$ possible in March?

Hey,

Bitcoin [BTC] - is on its way - to continue landslide in the direction of 5000-5200 USD. Before it gets there - there are several levels close to each other - support - on which breaking down - should carry out defensive orders and even bigger drops [long squeeze, and domino effect]

I suspected a bearish scenario - commenting on, among other things, posts:
@cryptopassion here
@forexbrokr here
@santana33 here
@jrcornel here

Good or bad call ?

BTC - made a downward impulse after which the correction took place - bearish action - continues on the intraday chart - so at any moment - there may be a continuation of declines and breaking the current support.

@forexbrokr - a few hours ago mentioned about Goldman Sachs - who speculated the probability of breaking the February low . Here

I start - suspecting that Goldman Sachs - again specifically provides such information - and sets - to buy back BTC at a lower price.

Adding a larger order and panic will cause LONG SQUEEZE.

What is this Long Squeeze? (via Wikipedia)

A long squeeze is a situation in which investors who hold long positions feel the need to sell into a falling market to cut their losses. This pressure to sell usually leads to a further decline in market prices. This situation is less common[citation needed] than the opposite "short squeeze", because in a short squeeze, the traders who have taken the short contracts have a legal obligation to settle with the promised shares. A trader who is 'long' in a long squeeze may well have no such obligation, but may sell out of fear. Other investors may see the rapid decline in price as irrational and a buying opportunity (more often than a rapid rise in price seen as a shorting opportunity). However, given recent significant market turmoil, long squeeze has become of more practical interest rather than merely a theoretical possibility. In 2008, Bear Stearns was wiped out after market rumors that the company had cash concerns. Investors started selling the scrip, resulting in a long squeeze, which triggered many other stop order losses and accelerated the decline of the company's stock.

Writing this post - Bitcoin just lost $ 500 and current price is 8995 $/BTC

The price often returns.

Discount of the asset - may happens quickly - even faster - new buyers seeing the opportunity - can come to the market.
The price often returns to the place - where the falls started. - Is this an opportunity?

Will we see 5000 $ for BTC soon?

Please write what do you think about it in comment.

Disclaimer:
Investments in financial products are subject to market risk. Some financial products are highly speculative.
The above post is only an opinion of the author and is of an educational nature only. This is not a recommendation.
Reading this post - you accept it. You also accept that you make investment decisions - independently and how you manage your own funds and act - depends only on you and nobody else.