Why I know Bitcoin won’t drop now
For the few lucky people who see this message, here’s a little insight: Bitcoin is not likely to drop as many of your home page posts might be suggesting.
Why?
1. Contrarian Thinking: The first reason is straightforward — most people are expecting a drop, and market makers often move the market against public sentiment. Remember, “Be greedy when others are fearful.”
2. Strong Demand Area: Bitcoin is currently above a strong demand zone around the $86–88k range. This should provide a solid base for consolidation before making a move, likely upwards.
3. Historical Parallels: This situation reminds me of the early days of the pandemic when everyone was hearing about Bitcoin reaching new highs and multiplying fortunes. This buzz brings new investors into the market, which will be highly rewarding for early entrants when prices eventually drop. A major downward move now would disrupt this influx of new participants.
4. Positive News Cycle: There’s a lot of positive news circulating — high ETF inflows, new listings, Tether minting, optimistic analyses predicting BTC to hit $100,000, Trump’s appointment and speculations, and BTC value rising above silver. This positive sentiment fuels buying.
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Why I know Bitcoin won’t drop now. was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.