BTC moves in cycles based on trader emotions (see chart).
Hope → Optimism → Belief → Thrill → Euphoria: Price climbs as traders get confident and greedy.
Complacency → Anxiety → Denial: Growth slows; some start questioning, but most hold.
Panic → Capitulation → Anger → Depression: This is where we are now—traders frustrated, exiting positions, thinking “I missed out” or blaming the market.
⚠️ BTC could sweep 60K to grab liquidity before resuming upward. Unless key support holds, deeper corrections are still possible. Watch structure and manage risk.
BTC
68,692.74
-1.59%
