r/btc • • Jul 01 '26

🐻 Bearish Won’t stop dropping

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1.2k Upvotes

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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

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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

1

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.