I’ve noticed this happens every single cycle.
When Bitcoin is going up, everyone feels confident. Everyone feels smart. Everyone suddenly has “conviction.”
Then price pulls back to a level like $69K and you can almost feel the shift. People get quieter. They start second-guessing themselves. The same people who were loud a few weeks ago suddenly aren’t so sure anymore.
Not because anything meaningful changed.
The network didn’t stop working.
Adoption didn’t disappear.
Institutions didn’t pack up and leave.
Infrastructure didn’t get torn down.
All that really changed was the number on the screen.
Most people only know how to read price. That’s it.
They don’t follow liquidity.
They don’t pay attention to policy.
They don’t care about rails being built behind the scenes.
They don’t look at where capital is quietly positioning.
Meanwhile, the macro is already moving. It always is.
That stuff shifts first. Price reacts later.
But because it’s not exciting and it doesn’t show up in a candle, people ignore it.
So when price stalls or pulls back, their entire belief system collapses.
That’s why these ranges matter.
They’re uncomfortable. They’re boring. They don’t reward you for being early. They don’t give you validation.
They force you to decide whether you actually understand what you own… or if you were just riding momentum.
Most people find out the answer right here.
#Alishba_Sozar