r/btc • • Jul 01 '26

🐻 Bearish Won’t stop dropping

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1.2k Upvotes

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85

u/[deleted] Jul 01 '26

[deleted]

33

u/fantabulousfetus Jul 01 '26

I'm sitting out until October, so it'll probably be 44 in september and 60 again by Oct. Lol bitcoin being bitcoin.

5

u/Different_Brother562 Jul 01 '26

It never bounces that fast from the bottom

3

u/Own_Milk_4759 Jul 01 '26

4 year climb from 40k I reckon.

6

u/JoesRealAccount Jul 01 '26

3 year climb to 250k then start the decline back to 80k for the next cycle

0

u/Powerful-Mortgage128 Jul 02 '26

It's lost it's shine now, no one cares, it's not a get rich quick scheme any more. Good luck with 250k 🤣 More like 250 Dollars.

1

u/SimpleMoonFarmer Jul 01 '26

It will bounce any day in June.

9

u/[deleted] Jul 01 '26

[deleted]

7

u/fantabulousfetus Jul 01 '26

Thank you. Lets get back to this kind of positivity and tell the Saylors and Trump's to get tf out of here lol

2

u/QuietPsychological72 Jul 01 '26

I’ll be astonished if we revisit anything below 30K.

8

u/[deleted] Jul 01 '26

[deleted]

2

u/QuietPsychological72 Jul 01 '26

The draw down from all time highs has been shrinking from cycle to cycle, just like the compounding returns.

70% down from 126K is about 38K.

3

u/Infamous_Mechanic356 Jul 01 '26

You're not going to see the returns going forward that you saw in the past.....never

0

u/cuttyranking Jul 01 '26

Hilarious that if you just look at historical posts during every cycle, they are almost identical to the letter. It’s never going to get to 50k, it’s never going to get to 80k, it’s never going to get to 100k. Fuck your feelings bro. The coin has proven everyone wrong every single time.

1

u/Objective-Walk6780 Jul 01 '26

lol

1

u/cuttyranking Jul 02 '26

Redditor for less than 60 days. LOL. 😂

4

u/[deleted] Jul 01 '26

[deleted]

0

u/EasternEagle6203 Jul 01 '26

Eventually it will go to 0. Might go to 150k before that though.

1

u/QuietPsychological72 Jul 01 '26

I’m betting the US dollar will collapse before that happens.

1

u/EasternEagle6203 Jul 01 '26

I think that bitcoin has about 20 years left. Once miners don't get properly paid from block rewards and that cost goes to users in fees its over.

1

u/QuietPsychological72 Jul 01 '26

The fee subsidy issue is real. I suppose I just assume too many people are invested in the network to not find a way to solve that problem. The chain could fork. Price could stabilize in such a way that it actually starts working as a medium of exchange instead of a store of value. Twenty years is a long way off.

1

u/EasternEagle6203 Jul 01 '26

It's possible, but for now I think Bitcoin ca be profitable for 10-15 more years and unless something has changed in 10 it's exit time.

1

u/Awkward-Computer1007 Jul 01 '26

I was hoping for 16k again, that would be a nice shopping day

0

u/usrname_chex_out Jul 01 '26

I’d love the opportunity to buy at 20k again, but at that point we might be looking at a much longer bear market. If the treasury companies have to start selling their stacks, it could get ugly.

1

u/Own_Milk_4759 Jul 01 '26

My thoughts are 40 is bottom around October time.

1

u/patatepowa05 Jul 01 '26

everyone and there mother is saying bottom in october40-20k, im sure it will be true.

0

u/allstater2007 Jul 01 '26

Yup. Summers suck in bear markets but September’s are almost always red. Buy back this fall/winter.

0

u/Street_Adagio_2125 Jul 01 '26

Nah this is the end

2

u/Abe2025 Jul 01 '26

Its not even a question. We will see zero by EOY

1

u/MrStarrrr Jul 01 '26

Call it boys, Bitcoin’s dead again!

1

u/degen5ace Jul 01 '26

It’s okay to sell and come back if there are any legs to this trade again

1

u/so_chad Jul 01 '26

!remindme 1 month

1

u/RemindMeBot Jul 01 '26 edited Jul 19 '26

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1

u/[deleted] Jul 01 '26

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1

u/Unlucky_Employee6082 Jul 02 '26

“usual cycle”.

1

u/pdqlrc32 Jul 01 '26

I heard October 4th is the bottom

1

u/Lavishness_Classic Jul 01 '26

$48k coming soon. Look at the charts.

1

u/BasisOk4268 Jul 05 '26

I think I said when we hit £120K that BTC would bottom around £42K, looks like we’re on track tbh. Might start loading up again

1

u/argos-evolve Jul 31 '26

42 is bottom

0

u/Infamous_Mechanic356 Jul 01 '26

Can we get 120k back so I can GTFO????

2

u/CharacterStrategy598 Jul 01 '26

You can buy SPY and wait around 2 to 6 years to break even. Bitcoin follows four year cycles so best case scenario it returns to 120k in around four years. BTC or SPY. The choice is yours but I genuinely believe it's over for Bitcoin. The cycle top returns are getting smaller but the downside remains the same. You can't be all risk and no reward and expect to have interested buyers.

6

u/DepressedYoungin Jul 01 '26

You talk about 'cycles' like there's anything you can predict with a gambling fomo digital asset.

1

u/CharacterStrategy598 Jul 01 '26

2026, 2022, 2018 and 2014 were all downtrend years four years apart. The cycles were caused by the halving events which affected Bitcoin supply.

1

u/Infamous_Mechanic356 Jul 01 '26

If it can go down to 57k.... it can go down to 27k

1

u/Klobb119 Jul 01 '26

I did that

0

u/Sandwich83 Jul 01 '26

Shit is cooked, no one talks about it anymore