I always think -
Bitcoin's price is so high now compared to its cheap early days— people are buying bitcoin thousands of dollars worth today, actually profit long-term, or is a big crash coming that wipes it out?" It's basically fear of buying at a peak and regretting it if the value collapses.
When Bitcoin was cheap, only retail money was available that time in the market. The thousands of Bitcoin that are bought in the market worth millions. If such amount of money flows into Bitcoin that time, I'm not sure if many people will be able to buy Bitcoin. The market has phase, we have seen retail money and now we are seeing the some part of traditional market money and coperate organization, the next phase is government to institution which we are seeing right now.
Back when BTC started (early days, like 2009–2013), each coin was worth very little (pennies or dollars), so early buyers could get tons cheaply. Now the price is super high (around $68,000–$70,000 per coin as of mid-February 2026), so spending thousands of dollars buys only a tiny fraction (like 0.1 BTC or less). If those who invest thousands today will see their money grow and become "worth it" in the future, or if the whole market will crash hard and they'll lose everything.
I want to know about this topic.
Thanks.
(Sorry, my English is not good.)
You need to know one thing about the Bitcoin market, as the market is dumping, it's not like sellers are just throwing off their Bitcoin on the exchange, those sold Bitcoin are bought by other buyers. These buyers are the smart money that accumulate all the Bitcoin and hold until we see another bull cycle, some hold for short term and sell immediately they make their profit. This is basically what the market makers does on the sell and buy side, either you see the market worth it or not, there will always be buyers that are willing to buy Bitcoin irrespective of the price.