Those who bought at the top with the mindset it would break out to 150k happy?

[SeriouslyGiveaway]

There are no feelings, for me that kind of thinking in crypto trading is normal and natural, the reason is that in general we see Bitcoin prices when the Halving occurs once every four years, changes are seen, namely Bitcoin creates a new ATH, that's a fact.

So, if a Bitcoin user or investor buys Bitcoin at the current price and HOLDs it for a certain period of time, believing in their prediction of breaking through to the $150k or $200k level is a natural thing, considering that Bitcoin has recently exceeded the price of $120k, it is not impossible for the price mentioned above, back to individual beliefs.

Bitcoin was programmed with its block halving every 210,000 blocks and with an average block time of Bitcoin blockchain is about 10 minutes, 210,000 blocks will take about four years. Each halving makes Bitcoin block subsidy halves so it is a big noise on media and it creates mining reward shock and future supply shock too. It together with other things makes Bitcoin price grows a lot with each halving and each market cycle but halving is not the only factor contributes for Bitcoin growth in value. Value grows first to lead price rising later and in sustainable way, without value, any price rise will be very short lasting.

This chart of Bitcoin in yearly candles shows the four year cycle very clearly.
https://charts.bitbo.io/yearly-candles/

[bitgolden]

Bitcoin was programmed with its block halving every 210,000 blocks and with an average block time of Bitcoin blockchain is about 10 minutes, 210,000 blocks will take about four years. Each halving makes Bitcoin block subsidy halves so it is a big noise on media and it creates mining reward shock and future supply shock too. It together with other things makes Bitcoin price grows a lot with each halving and each market cycle but halving is not the only factor contributes for Bitcoin growth in value. Value grows first to lead price rising later and in sustainable way, without value, any price rise will be very short lasting.

This chart of Bitcoin in yearly candles shows the four year cycle very clearly.
https://charts.bitbo.io/yearly-candles/

This is why there is a four year cycle, one year after the halving we have the top, and one year after that we have the bottom and we keep doing that.

People forget that this was the case and yet they still try to trade based on something else, when in reality we have this as data that would work for us and we should be considering how this could be the best for us. I understand why it may not feel the same way, but it is always the same and will continue to do so.

[I_Anime]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?
Feels disappointed with the market or not, to me to be frank I am already disappointed because is like almost, 30 to 35 % drop, but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

I’m also part of those that bought at the top using dca , yeah I’m running in losses but due to the fact that I’m not planning to sell now I haven’t experience any losses yet . Is not actually easy but when you set your mind on it you can actually pull through, my coping mechanism is accumulating more and not showing more concern to the market because if I focus on the market it will surely start to dawn on me so the best way is to avoid anything that will make put all your focus on the market price rather than investing .

[summonerrk]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?
Feels disappointed with the market or not, to me to be frank I am already disappointed because is like almost, 30 to 35 % drop, but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

You need to try to find free funds for investing in DCA or by searching for the price bottom. And just wait.
A little bit of positivity from big people:
The director of Franklin Templeton, Tony Pecor, predicts that Bitcoin will still show ATH in 2026. The main driver, in his opinion, will be institutional purchases. Pecor noted that even though the price has halved, the enthusiasm of buyers has not subsided. In his opinion, only the US midterm elections can slow down the growth process, due to even more uncertainty.
And this is still a very realistic forecast. The CEO of Ripple, for example, is talking about 180k. But this could also be a possibility)

[Wapfika]

For those who ventured into the market with the mindset it would break out to 150k to 180k how do you feels right away?
Feels disappointed with the market or not, to me to be frank I am already disappointed because is like almost, 30 to 35 % drop, but the good thing is that you can also accumulates more bitcoin to your portfolio to cover up the lose, so that when the market rises you would make double profits of your lose, does this helps to cover up the loses?

I’m also part of those that bought at the top using dca , yeah I’m running in losses but due to the fact that I’m not planning to sell now I haven’t experience any losses yet . Is not actually easy but when you set your mind on it you can actually pull through, my coping mechanism is accumulating more and not showing more concern to the market because if I focus on the market it will surely start to dawn on me so the best way is to avoid anything that will make put all your focus on the market price rather than investing .

I’m on DCA method too but I always for a red candle before I purchased just to have a little but of discount when I purchased but during the ATH I usually unload slowly my previous purchased on way lower price to secure some profit and use it on purchasing when price correct.

Bitcoin price usually correct whenever it reaches ATH or new price territory. I’m applying some safety precautions too when I’m on DCA to avoid buying at the top and to guarantee that I can a have a lower average buying price.

In you case, I believe your average is still below ATH if you do DCA before ATH price right?

[Mpamaegbu]

A little bit of positivity from big people:
The director of Franklin Templeton, Tony Pecor, predicts that Bitcoin will still show ATH in 2026. The main driver, in his opinion, will be institutional purchases.

Except he's going to be the one to mop up the coin with huge and outrageous purchases that can push price up, I don't think his forecast can be relied on. Bitcoin has seen more enthusiasm with rumours and in some cases actual activities of institutional purchases, yet price hasn't responded to all that fundamentals. This ongoing war with US–Israel and Iran hasn't been fair to the market. We've to acknowledge that.

[8rch7]

I don't know what happen for the bitcoin holder who bought bitcoin during at higher price and the have mindset bitcoin will break out more than $150, currently until few months keep holding bitcoin price decreasing almost 50% and how the feeling day by days seeing the market can't recovery yet back above $100k again.

I think its the mistake from many holder or investor have mindset when bitcoin hitting new ATH price most of them optimistic bitcoin will break new ATH, but nowadays bitcoin drop most significant and most of them won't to buy back although get dip price. Its happening for someone investing in bitcoin during the hype moment and not analyst yet how much percent bitcoin already decreasing but keep buying indeed have been on the top price.

[batang_bitcoin]

I didn't bought the top but in the past I did, held for how many years until I've seen the recovery and gets back to the bull run. I am sure that these people aren't happy. They're disappointed and just want to take the losses and forget about the opportunities and potential of making a profit until the next cycle. Not everyone is patient as they invest but those who understand that this is the progress that everyone needs to have will understand why the most patient always takes the most profit in the market. Didn't happen last year and we haven't seen $150k but maybe for the next cycle that will be the bottom, no one knows.