There seems to be a lot of fear, uncertainty, and doubt (FUD) surrounding Bitcoin on social media right now. Maybe the algorithms are feeding it to me based on my interests, but I’m seeing bearish takes everywhere. Many of the charts being shared suggest we should expect a much deeper drawdown, often citing previous market cycles as evidence. Others argue that the decline will continue for months, again pointing to historical patterns. When I look at the data myself, however, I come away with a very different conclusion. For example, I pay attention to the weekly RSI chart. RSI is a momentum indicator that helps measure whether an asset is overbought or oversold. Looking back, there have only been a handful of times when Bitcoin's weekly RSI reached oversold levels. Each occurrence happened near the bottom of a major cycle, and each was followed by a significant recovery. Sometimes the rebound started almost immediately, while other times it took a few months. Regardless, it has historically been a strong signal that the worst of the decline was likely behind us. I also see many people pointing out that Bitcoin has “only” fallen around 50% from its previous high and arguing that it should drop much further because past bear markets experienced larger percentage declines. The problem with that comparison is that it ignores how Bitcoin’s volatility has steadily decreased over time. Bitcoin is a much larger and more mature asset today than it was in 2015 or even 2018. If the upside moves are becoming less extreme, why should we automatically assume the downside moves must match the percentage declines of prior cycles? To me, that logic doesn’t hold up. Then there are the trendline charts. Some of the lines I see being drawn seem completely arbitrary. In some cases, people are connecting only two points and treating the result as a meaningful trendline. Personally, I put much more weight on trendlines that have been tested multiple times. The chart I shared is the only major trendline I see that has been touched three separate times before the current price action. Based on the historical indicators I follow, I don’t see a compelling reason for panic regarding continued downside. In fact, I see several signals suggesting that we may be much closer to the bottom than many people realize. Of course, history repeats itself….until it doesn’t. Nothing is guaranteed. But based on what I’m seeing, I remain optimistic. submitted by /u/Kitchen_Net_GME [link] [Kommentare]

Take whatever I’m about to say with a grain of salt. I think Bitcoin has already put in its high, and I don’t believe we’ll see a new one this year. $40K is definitely on the table, and if $35K breaks, then $20K becomes a very real possibility. The next great buying opportunity may not come until after October. But again, take this with a grain of salt. submitted by /u/marvelousjules [link] [Kommentare]

The magic ingredient that kept crypto alive, and powered each rebound, is hype. The 4 year cycles would not have happened without hype. And hype has been there for the past 10-15 years. Crypto has been the preeminent “disruptive technology“. There were challengers, but no successors. What has changed is - AI has obviously taken that crown. Crypto is now old news. It’s why crypto has finally decoupled from the markets. While AI is going parabolic and powering the markets of entire countries. That’s why this crash is different. The all important hype is going away… submitted by /u/interstellar_nips [link] [Kommentare]

Why is BTC now hovering around 60K when the rest of the stock / tech market is doing so well? I know they’re not necessarily correlated but wouldn’t this AI/tech stock boom directly coincide with a rise in BTC? Why is it falling? Did I miss some major news in the last couple weeks? submitted by /u/elcapitanL [link] [Kommentare]

I am trying to undersand the Zcash bug that was recently discovered. Does anyone know if there is certainty about whether it was exploited or not? Would there be any evidence of an exploit if someone had used it to mint a bunch of ZEC? https://x.com/CryptoTubeYT/status/2062502670909530409 submitted by /u/Good-Book-6912 [link] [Kommentare]

Kinda obvious. But its funny to always open this up and see some version of “yea its gone down a bunch but trust me actually a ton of people are investing right now its going great” submitted by /u/5nGlide [link] [Kommentare]

I am unable to withdraw or trade on binance due to UK regulation. is there any way at all to take my coins out of binance without verification? submitted by /u/ElBritanico [link] [Kommentare]

Everyone is so worried about JPM and Citi recently. Why though? They are expanding on the Ethereum network Straight from the source https://am.jpmorgan.com/us/en/asset-management/institutional/about-us/media/press-releases/jp-morgan-asset-management-launches-second-tokenized-fund-on-ethereum/ submitted by /u/Euro347 [link] [Kommentare]

Sarcasm aside, I’ve been in crypto since 2016 and am blown away with the fact that we never learn anything from history. In every single cycle, no exception, we get to the “crypto is dead” phase when everyone is losing their minds - ESPECIALLY those deep in crypto, which makes no sense. If you’d take literally ten minutes of your time to study previous cycles, you’d see that it always repeats itself. Yes we’re in a bear market, DCA what you can and forget about it for fucks sake. Thank me later. submitted by /u/doctorpoopghost5000 [link] [Kommentare]

Hi guys, from this insane dip i've sold some stock assets and bought ETH which I plan to hold for at least 3 years without touching it, I know we can stake it and earn passive interests which interests me currently. Problem is, i've digged to make a node and it seems like there's an unstake delay, isn't there a way to stake it without delay during unstaking? Thanks submitted by /u/headgod123 [link] [Kommentare]

In my opinion it is. I’ve been in crypto since 2017 and seen all of it. This time is the first time in almost 10 years that it’s been so long for crypto to become mainstream without becoming, that I think the hype over the technology is over. Btc will probably be around for a very long time and it has a solid use case. The alts though, has now been diminished to stablecoins, prediction markets, tokenized assets, gaming maybe, and some other real use cases. This does not translate to the value of respective chain/layer 2, see Polygon. The time when retail could become rich from it I believe is over. When institutions, governments, stock exchanges etc is fully involved in som way, the complete “buy the rumors, sell the news” has ended. Does this post mark the bottom? I hope so. Because I still have way too much crypto left, but for me I will let it lie there and stake for years if necessary. Luckily I exited a lot last year. I want a serious discussion about what you think about this. submitted by /u/Big_Research5671 [link] [Kommentare]