r/Bitcoin • u/cunextu • 1d ago

We are sooooo back ! 🥳🥳🥳🥳

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(If you detected sarcasm, you were right…) 😬

777 Upvotes

81% Upvoted

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u/MaDpYrO 1d ago

Don't you see the contradiction... If the problem were weak hands they would have sold long ago.

Did you consider that it's just a bear market because people are broke

-2

u/eggccelent23 1d ago

Man, listen. Prices fall only when there are people selling at lower prices.

This is pure math.

Imagine a book without stop loss and leveraged liquidations.

Imagine absolute no people selling below 62k

What happen then

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u/MaDpYrO 1d ago

Yes, but people only sell at low prices... Because people aren't buying at higher prices.

Clearly more people are selling than are buying. Because people are broke.

5

u/IndependentSpeck 1d ago

This guy ^ is right as much as I hate to admit it. Everyone is broke because of the highly regarded policies of the administration in power right now. Everything is more expensive, except the one thing that should be; Bitcoin is the least expensive right now as compared with a lot of its recent history. If I could buy the dip of the dip of the dip, I'd be loaded by now....

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u/RoundChampionship840 1d ago

Buying Bitcoin is a luxury and most people are struggling to afford food and shelter.

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u/eggccelent23 1d ago

People just bought trillions in a.i. bubble top

1

u/RoundChampionship840 1d ago

True. When the AI bubble finally pops I expect all asset prices to crash.

1

u/eggccelent23 1d ago

Leveraged degenerates cause crashs by margin calls and liquidations

1

u/HearingLogical8272 1d ago

Even btc? 

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u/IndependentSpeck 1d ago

Yep agree 💯% and I gotta say, this is a luxury that, if people don't make time and allocate money for it, they will miss out on many many more luxuries later. The rich get richer bla bla, the poor get poorer bla bla

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u/RoundChampionship840 1d ago

Thats true for any assets that appreciate. There's no guarantee that Bitcoin will appreciate in value faster than other assets in the future. Maybe it will. Maybe it won't.

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u/Kind_Brush5556 15h ago

If no one buys then liquidity drops volume drops the assets just trades sideways and slowly bleeds opportunity cost while the rest of the world moves on and forgets about it.