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You are not bearish enough on crypto. by josediccus

View this thread on: hive.blogpeakd.comecency.com
· @josediccus ·
$26.55
You are not bearish enough on crypto.

![1000509760.png](https://files.peakd.com/file/peakd-hive/josediccus/23y92T37LWH6SuD8CX8Z89g1PnR8eJP8rRXRdFGG17chgofpQAUXFHB5k5EngHcMB623b.png)






<hr>

Late last night, I kept getting these buzzing notification sounds from various apps about BTC dipping, and when I swiped down, I saw Bybit notifications: BTC below 97k, etc., followed by Kucoin, and other apps.

 It reminded me of scenes in American films where the world is experiencing an apocalypse or one evil warlord from space is attempting to destroy the earth while every TV channel is simultaneously reporting the mayhem. 

Watching people fret in the midst of chaos has always been my favorite part. 

I believe (we) people are not bearish enough, and this is because every minor dip agitates them. 

No one wants to look into whether these dips have a historical correlation; they only want pumps, forgetting that many people are taking advantage of these dips to get in. In general, the lower the market, the more opportunities it provides for people. However, these dips have a negative impact on those who are already locked in.



In reality,*pumps, pumps pumps* are unsustainable however, we fail to see these because of the latest worrying narratives about crypto in this this cycle.


## Kamala Over Trump 


 For example, *"memes are oversaturating the market, alts have become excessive, and many people are focusing on BTC"*. Honestly, I believe these narratives would have been even worse if Kamala Harris had won the elections. 

In reality, many people believed prior to the election that if Kamala won, there would be no bull run, and now that Trump has won, launching a meme coin means no alt season. There is always a sentimental explanation for why there are dips, and we tend to find reasons why 2025 may be worse off than 2021.


Although I agree that Trump's and his wife's utility-less coin is a slap in the face of crypto, he never promised anyone that he would pump BTC to 300k; he only promised to be a crypto president, including lowering Fed rates and so on, but so far, sentiments are shifting, and the new narrative/sentiment is that Donald Trump may not be good for crypto after all. 


I mean, look at how sentiments can change quickly. Crypto Twitter was certain that Trump was the next big thing after slice bread, but with the current downturn and uncertainty, people are starting to think differently. 

That's what a market dip can do to you. The market messes with our minds so badly that we sometimes act on impulse.



## The Dip May. Get *Badder*

For example, dipping to 97k from 104k was not a significant drop for BTC; I understand that alts experience larger drops, but I am curious what happens if BTC drops to 75k from 104k. 

Speaking of mind-bending crashes, I saw a tweet today where someone was predicting that BTC would drop to 70k before rising to 250k, and everyone has been busy quoting this tweet because it is bearish but still finds a way to be bullish.

 In reality, tweets like this are what put people on edge, exacerbating their uncertainty. I mean, people seems more bearish nowadays than they did 18 months ago, and that's probably because of the anticipation of where we should have been by now. 

Personally, I do not believe BTC will fall below 70k this year, and I do not believe BTC will reach 250k, but all we can do is conduct technical analysis, and it is up to the market to react as it sees fit, but I still believe many corrections and dips will occur in the next one or two months.

 In 2017, the market was relatively drab for a long time before rapidly escalating. We cannot always bring in history when talking crypto, but that is mostly what we have to rely on when doing *TAs*.



> Are we going to see more dumps?


 I am counting on it because constant pumps will make you regret not having enough buying opportunities. That being said, I am interested in seeing how this bull run year pans out. 

Whatever it brings, we can only hope it will be bigger than 2021. I believe a drop to 85 to 90k would completely destroy alts for the time being, and that could be the final lap or not. 

In reality, I believe we will see some large dumps and then the guns will come out. As for why crypto is shit and altcoin season never happens, I believe many people are not bearish enough until the final lap of the dump this year.






<hr>

<hr>


> **Interested in some more of my works**



<hr>


<hr>

##### [Is it Easy To Make Money?](https://peakd.com/hive-167922/@josediccus/is-it-easy-to-make-money-)


##### [Nigeria: A Unique Business Market & Industry](https://peakd.com/hive-167922/@josediccus/nigeria-a-unique-business-market-and-industry)


##### [Virtual Bank Apps In Nigeria: An Experience Of Gamification](https://peakd.com/hive-167922/@josediccus/tfgktsjk)



##### [How To Find The Next "BIG" Meme Coin](https://peakd.com/hive-167922/@josediccus/how-to-find-the-next-big-meme-coin)


##### [Personal Finance: Achieving Intentional "Saving" Goals](https://peakd.com/hive-167922/@josediccus/snyczgol)



##### [Playing The Survival Game: Human Nature In Introspection](https://peakd.com/hive-167922/@josediccus/playing-the-survival-game-human-nature-in-introspection-rufcp3)



##### ["Un-PAYING" The Debt You Owe](https://hive.blog/hive-167922/@josediccus/-unpaying-the-debt-you-owe)



<hr>


![png_20230102_074302_0000.png](https://images.hive.blog/DQmeV2CFmYVojVvzuFv3ZDySDqjEg2qXhfJNTjmmi5uCTss/png_20230102_074302_0000.png)







<hr>

<hr>


> **Interested in some more of my works**



<hr>


<hr>

##### [Is it Easy To Make Money?](https://peakd.com/hive-167922/@josediccus/is-it-easy-to-make-money-)


##### [Nigeria: A Unique Business Market & Industry](https://peakd.com/hive-167922/@josediccus/nigeria-a-unique-business-market-and-industry)


##### [Virtual Bank Apps In Nigeria: An Experience Of Gamification](https://peakd.com/hive-167922/@josediccus/tfgktsjk)



##### [How To Find The Next "BIG" Meme Coin](https://peakd.com/hive-167922/@josediccus/how-to-find-the-next-big-meme-coin)


##### [Personal Finance: Achieving Intentional "Saving" Goals](https://peakd.com/hive-167922/@josediccus/snyczgol)



##### [Playing The Survival Game: Human Nature In Introspection](https://peakd.com/hive-167922/@josediccus/playing-the-survival-game-human-nature-in-introspection-rufcp3)



##### ["Un-PAYING" The Debt You Owe](https://hive.blog/hive-167922/@josediccus/-unpaying-the-debt-you-owe)



<hr>


![png_20230102_074302_0000.png](https://images.hive.blog/DQmeV2CFmYVojVvzuFv3ZDySDqjEg2qXhfJNTjmmi5uCTss/png_20230102_074302_0000.png)




👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 320 others
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vote details (384)
@bleujay ·
$0.07
Greetings @josediccus ,

What an enjoyable read.

Thank you for the smiles!

Kind Regards,

Bleujay
👍  
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@josediccus ·
Thank a million as well for your support always
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@hiq.smartbot ·
HiQ Smart Bot says
<div class="pull-left">

<img src="https://i.imgur.com/VDg3S7W.gif"></a>

</div>

<div class="pull-right">

@thebighigg, the HiQ Smart Bot has recognized your request (2/3) and will start the voting trail.

In addition, @josediccus gets !COFFEE from @hiq.redaktion.

![](https://i.imgur.com/plMUJVK.png)

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@hivebuzz ·
Congratulations @josediccus! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/https://hivebuzz.me/@josediccus/upvotes.png?202501281338"></td><td>You distributed more than 110000 upvotes.<br>Your next target is to reach 115000 upvotes.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@josediccus) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



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@hivepakistan ·
$0.06
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👍  
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vote details (1)
@josediccus ·
Thanks 👍👍
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@jfang003 ·
$0.06
@jfang003 "I think we are overdue for a drop in the market. I..."
I think we are overdue for a drop in the market. I wouldn't be surprised to see the forces propping up the stock market drop it and blame it on Trump. The market will do whatever it will do and I agree that the memecoins was a slap on crypto. I haven't seen him address crypto much yet so we can only wait.
👍  
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vote details (1)
@josediccus ·
The memes are truly not healthy and yeah, I don't think Trump has addressed crypto that much, just vibes and only vibes. Not many thinks the market is overdue for a drop, they just think the bull market year is meant for continous pump
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@nozem01 ·
$0.04
69k is definitely a point of interest, it's where my larger buy orders are :)
👍  
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vote details (1)
@josediccus ·
Well let's see how the market plays out
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@takhar ·
I read somewhere that it's healthy for the ecosystem and ever since then, I try to see it from that viewpoint. Definitely another opportunity to buy great projects at a discount, if only I had the funds.. 
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@thebighigg ·
$0.06
If you don't understand crypto those large drops can look scary, fortunately it's back over $100K and I doubt it's going to stay below that level any time soon. The recovery proved it! 

$85K could kill all hopes alts have this years, so cross our fingers it doesn't!
👍  
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vote details (1)
@josediccus ·
I still think we might be back to the 90 to 95k range, but 85k is actually possible and that's why I'm waiting. Alts would definitely get destroyed, but it could be the storm before the takeoff and many weak hands might be shaken off.
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net_rshares0
@thebighigg ·
properties (23)
authorthebighigg
permlinkre-josediccus-2025127t15442287z
categoryhive-146620
json_metadata{"tags":["leofinance","crypto","hive","btc","proofofbrain","hive-engine","neoxian","vyb","waivio"],"app":"ecency/3.2.0-vision","format":"markdown+html"}
created2025-01-27 22:44:24
last_update2025-01-27 22:44:24
depth1
children0
last_payout2025-02-03 22:44:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length8
author_reputation502,596,551,447,080
root_title"You are not bearish enough on crypto."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,352,040
net_rshares154,645,452
author_curate_reward""
vote details (2)