Bitcoin just dropped 50% below it’s 2025 ATH after dropping from 90k to 62k in the last week. Without any market certainty of what’s going on.

    https://i.redd.it/vp7a91wiqqhg1.png

    Posted by GabeSter

    25 Comments

    1. stochGradientDescent on

      Interesting days for sure. I’m down by 90% in all my crypto investments. Yet, I’ll continue to hold 🤷🏻‍♂️

    2. BacchusAndHamsa on

      There is market certainty of what’s going on with BTC (and the correlated ETH), it’s just crypto fans don’t read serious analysts because it violates their biases, instead they read shills who have investment in the stuff. That “$150K in two months” hooey didn’t happen. Even JP Morgan’s certain two fanbois were harping about “natural support at $94K because mining cost”, well BTC fell through that like a bowling ball through crepe paper, hahaha.

      Real analysts are saying price target of $40K or below…. great buying opportunity but short term bullish traders must have a life that sucks.

    3. cerebral_sequoia on

      Prices of everything are far higher now than a few years ago.  2026 is hitting everyone in the balls.  People are selling crypto to survive.

    4. I always figured it’s just the bots selling when hitting different stoploss targets. Problem is there is only so much liquidity going down so fast. So it’s a free for all until enough bots start hitting the too low to ignore price targets.

    5. TwoEuphoric6905 on

      BECAUSE IT’S A DAMN PONZIE SCHEME

      Bitcoin was originally designed as a medium of exchange. The network’s security and robustness increase with greater participation and usage in transactions. However, when a limited number of individuals acquire Bitcoin solely to store value and hold it indefinitely – without engaging in spending or circulation – the project’s fundamental purpose is undermined!!

    6. Right on schedule. ATH is always in Q4 in post halving year. In this case 2025. The following year… 2026, mid-term election year, is a bear year. Bitcoin always drops 50% in Q1, hits the 200 week moving average (which is near 58k right now), then bottoms between summer and October.

      2027, we begin the recovery.

      Gird your loins.

    7. Honestly, looking at the market as a whole, I would say it isn’t a crypto or BTC issue, other stuff is falling sharp too, silver, Paypal, MS… It’s like something is pumping massive liquidity from all markets. All I can think of is AI infrastructure building.

    8. PeakedInThe80s on

      Everyone was cheering the ETFs and institutional investment, but now the banks and hedge funds can manipulate crypto pricing just like stocks, options etc. My conspiracy theory is that once bitcoin looked like an actual threat to the banking/fiat system, they decided to kill it by buying a bunch and then dumping it to oblivion, destroying the perception of bitcoin as a “store of value”. I think it will come back but it will take a while.

    9. Available-Designer66 on

      I bought btc because it was useful as a form of payment. Not an investment. It’s not an investment.

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