So, Bitcoin decided to play a little game of limbo and slipped beneath $65,000 this past Monday. Thanks to none other than the proposals of our favorite tweet-happy president, Donald Trump, who suggested we all start paying 15% more for everything, including our digital dreams.
As if that wasn’t enough, it seems like Bitcoin is now in the midst of what the experts are calling “maximum psychological damage” phase, which sounds like a fancy way of saying, “Welcome to the club of anxious traders!”
BTC Enters “Psychological Torture” Phase
According to the self-styled Doctor Profit-who surely wears a lab coat while analyzing crypto-Bitcoin has reached Stage 4 of its emotional spiral. This is post-rally, during which it jetted from $115,000 to $125,000, leaving behind euphoria, extreme buying urges, and a collective belief that the only way was up. Spoiler alert: it wasn’t.
Stage 1 was all sunshine and rainbows until Bitcoin hit the psychologically critical $100,000 mark and everyone started sweating bullets. You know things are serious when the market decides to throw a tantrum, and that October 10 crash? Let’s just say it made history-like, “I should have bought a yacht instead” kind of history.
Then came Stage 3, also known as “the great panic attack,” where Bitcoin plummeted by a staggering 38%. It was a brutal reality check for investors, and let’s face it, nobody likes to be reminded that their fortune can vanish faster than your new year’s resolution.
Now we’re lounging in Stage 4, which is like being stuck in a waiting room with an outdated magazine. Low volatility but high stress-that’s the vibe! Here, weak hands (not me, I swear) are selling off their shares in a fit of frustration, and retail investors are making sad exits like they just got dumped at prom.
Doctor Profit warns that things could get even more tumultuous before they get better. Stage 5 is lurking around the corner, ready to unleash emotional chaos and potential “black swan” events. Because who doesn’t love a surprise in their financial downfall?
Capitulation Before Recovery
And let’s not forget the final act, Stage 6, where we might finally stabilize after watching our investments do the cha-cha downwards. By then, big players will be scooping up discounted coins while retail investors sit on their hands, hoping for prices that seem increasingly out of reach.
So while the swift descent into Bitcoin madness may have slowed, we’re still in for a long, bumpy ride through the psychological wilderness. Buckle up; it’s going to be a wild adventure!
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2026-02-23 14:08