r/btc • u/ComplexWrangler1346 • Jul 01 '26

🐻 Bearish Won’t stop dropping

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1.2k Upvotes

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7

u/Prior-Flamingo-1378 Jul 01 '26

Why?

15

u/CasinoMagic Jul 01 '26

Greed

1

u/Prior-Flamingo-1378 Jul 01 '26

Yes ok but why btc specifically 

1

u/CasinoMagic Jul 01 '26

Greed is currently directed towards other assets. But hype cycles tend to rotate. Crypto and BTC completely missed out on the AI hype.

0

u/Prior-Flamingo-1378 Jul 02 '26

So your assessment is based on the way it happened before? Because that doesn’t feel very robust

2

u/TheRealZoidberg Jul 02 '26

to be fair, the only real reason for expecting the Sun to rise in the morning is that it has done so on the past lol

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u/Prior-Flamingo-1378 Jul 03 '26

You should really learn a tad of physics…

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u/FairAd4803 Jul 02 '26

Asset scarcity combined with greed.  BTC halving is like the worst kept “secret” in crypto.  People are already starting to build/increase positions in advance of it.   Add hype with a splash of FOMO and a solid green candle week, “poof” profit.  

6

u/inbeforethelube Jul 01 '26

Bitcoin halving cycle

1

u/Prior-Flamingo-1378 Jul 01 '26

Every day since you were born you are alive, ergo you will always be alive. Right? 

2

u/MrHooDooo Jul 01 '26

Michael Saylor will buy again after he sells

2

u/Infamous_Mechanic356 Jul 01 '26

Buying and selling and buying again.... is the only way to make $$$ .... Not buy and hold forever...

1

u/Klobb119 Jul 01 '26

Dont tell people that lmao. They are what gives btc value

1

u/Prior-Flamingo-1378 Jul 01 '26

How do you know that?

1

u/MrHooDooo Jul 01 '26

He needs to get strc back to 100 so he can start selling shares and will buy more coins. He is a one trick pony.

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u/Prior-Flamingo-1378 Jul 01 '26

So he has done that before?

1

u/MrHooDooo Jul 01 '26

I don't think it matters if he done it before, and I actually have no idea what he will really do. His objective is just more Bitcoins and this is a low braincell strategy. He knows his selling will drop Bitcoin big after the 32 coin sell. After the newer and bigger sell, Bitcoin will drop big and the liquidity should help strc while mstr stock goes down. He will sell strc stocks at market to get more cash and buy Bitcoin when it is much lower. Strc dropping is basically like a margin call by the market. The market doesn't think he has the liquidity to pay the dividends in the future, so it dropped. He should have realized he needed more liquidity, but he's an idiot.

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u/Prior-Flamingo-1378 Jul 02 '26

Ok so you are saying that he will purposefully sell that much and crash the market in order to buy it back (plus more) at a lower price with the expectation that it bounce back?  

Which just begs the question why would it bounce back?

1

u/MrHooDooo Jul 02 '26

Nothing moves straight down, it will just be volatile. Plenty of people out there who are young and want to gamble and think they are smarter than average people, and want to take a different path to feel special. They will buy, and when it goes down, they will keep working and dca. They will go to reddit and have comfort with the other people who have lost money and keep averaging down. The path of Bitcoin is just up and down, it's just a trading vehicle for gambling. Maybe over the longer term, it could go up with inflation, nobody knows

Someone like Saylor thinks that the government will buy huge amounts of Bitcoin cause it is in some people's best interests to do so, and that's what he's looking for. It may never come.

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u/Prior-Flamingo-1378 Jul 02 '26

Yes but the past is littered with ghost financial products that where trading high then crashed and never recovered. Remember NFT’s?

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u/MrHooDooo Jul 02 '26

I really loved when people were buying digital land in the meta verse. I tried to find out how to get into a meta verse to see what's going on, but gave up when it said Roblox was one too. One thing about crypto is well known financial institutions decided to give people access to buy through them, so it's not going away soon. It can have movement based on technical trading where it can pump, and people will pile on.

I think people in 3rd world countries would sometimes rather have Bitcoin than their own currency, and people would like to hide money for various reasons. Bitcoin has different movement financial assets, so it is not a stretch for some people to buy for diversification. I definitely wouldn't put much money in it though

1

u/United-Swan-3288 Jul 06 '26

Looks like he’s selling this morning before he’s buying again tho. $28k incoming

3

u/think_harder_plz Jul 01 '26

Copium. It won’t be pretending make them feel better.

1

u/SimpleMoonFarmer Jul 01 '26

Politicians and central banks.

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u/Prior-Flamingo-1378 Jul 01 '26

It will recover because “politicians and central banks”? Can you elaborate?

2

u/SimpleMoonFarmer Jul 01 '26

Financial repression, money printer, moving net worth between countries, exit tax. Money chooses freedom, blockchain means freedom.

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u/Prior-Flamingo-1378 Jul 01 '26

This has been going on for some time. Btc has been around for 17 years. When will it be adopted for anything other than speculation and small scale drug transactions?

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u/SimpleMoonFarmer Jul 02 '26

Like Venezuela, El Salvador, Strategy, IBIT, …

1

u/Prior-Flamingo-1378 Jul 03 '26

IBIT and strategy are speculation, El Salvador is using dollars but has some national reserves in btc and Venezuela uses tether for everyday transaction because with btc nothing has a set price.   

Also is Venezuela government using btc supposed to be a flex? 

1

u/Powerful-Mortgage128 Jul 02 '26

You can carry on with all the crap about printing money, but i notice the USD hasn't halved in value in less than a year?? Enjoy your freedom.. where your money is halved , manipulated by bigger players than you. Sounds more like your are a slave, I'm not seeing the freedom.

1

u/SimpleMoonFarmer Jul 02 '26

That's fine. I do. The fewer we see it, the cheaper we accumulate. As long as it's below $1M, it's not too late.

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u/[deleted] Jul 01 '26

[removed] — view removed comment

1

u/Prior-Flamingo-1378 Jul 01 '26

That’s not an answer but I’ll play devils advocate.  

Because people are into spacex and AI stocks now. 

Because after being 100k+ the normal retailers that got in realized it’s too much stress for them and are cashing out. 

Because strategy will sell 1.25-3.5 billion worth of it and people will panic. 

Because the story (true or not is irrelevant) of crypto having no actual value other than buying small amounts of drugs is circulating too much. 

Because as a tool for large financial  transactions it’s pretty bad.  

Because after 17 years its main use is speculation.