The more bitcoins available, the easier it is for people to buy. The lower the price, the easier it is to get it especially for The strong hands.
The question is whether this will increase the level of resistance higher for each dump, especially during the current period which is very vulnerable to correction??
There will always be resistance and correction, that's what naturally happens in the bitcoin market. The big or small resistance level depends on the time frame you use on the Bitcoin chart.
I suggest never to be afraid if you jump into Bitcoin right now, thinking too much about corrections and resistance will only make it too late for you to collect Bitcoin at this discount.
Considering that the market is currently still bearish, it's a good idea to invest in stages every week or commonly known as DCA (Dollars Cost Averaging), this will make you less stressed if there is market rejection because your goal is to collect more Bitcoins for the long term, if you spend your money on a single purchase transaction, it usually stresses you out during a correction or decline.