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It will take a huge chunk of next bitcoin's growth and give lower supposed all time high.
I do not understand. Why would Bitcoin falling below $50k significantly reduce its future growth potential or lead to a lower ath? On the contrary, I see it as an opportunity to achieve greater return in the future
The truth is that Bitcoin is no longer small, and its growth rate is gradually slowing down. This makes it increasingly difficult to achieve the massive return from it that were possible in the past. So if we still want to generate meaningful profits from Bitcoin, the most effective approach is to take advantage of opportunities to buy it at the lowest price possible.
The lower your entry price, the safer your position and the higher your potential profit in the future.
This is what you get in general when you have people purely speculating and never really took the time to understand fundamentals
I'm with you here, this is an opportunity, just like all the previous lows, to push out the unnecessary noise and developments (like dumb NFT shit etc) keeping only the ones that have always been contributing to the fundamental strengths like network security, not to mention PoW security.
People are quietly realizing it, hence the 'lower' ATHs.
