Madman Says…
This wave dropped to 60,000. Although Bitcoin’s trading volume isn’t small, based on the trading data from seasoned traders, it doesn’t seem impressive. So if this isn’t seasoned traders bottom-fishing and taking over, where are these support levels coming from? Do new traders dare to buy at this level? Could it be that there’s some institutional game-playing, with some players entering and others exiting?
But regardless, in the short term, it can almost stabilize or rebound for 1-2 weeks (after all, such large liquidations have been absorbed), and then it might continue to fall into a bear market. After all, with each drop of 80-90%, there’s still plenty of room below for Bitcoin. Everyone says each time is different, but in the end, it’s always the same. Forget it, just endure honestly. Anyway, in a few years, it’s almost certain that AGENT will take over the blockchain. When that happens, let’s wait for AI agents to take over Bitcoin. As long as there are more coins, the future anxiety will be less. Maybe that’s the power of faith.
Everyone is predicting the final bottom of the bear market, so I’ll give a wild guess: 27,000.
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