The past feels a lot like the present, I don't forget things that easily, permabulls always act like one, even when every charts are saying the opposite permabulls will still be stubborn like always until its too late.
People say things they want to say because it's what they believe, some of them have invested their time and money to Bitcoin, so it feel normal for such people to see the market in uptrend but unfortunately, trend to change once in a while but I will like you to view Bitcoin on monthly chart, you should know why such people are always bullish.
This always happens when bull market is over and perma bulls don't want it to be over.
This doesn't always happen, this declined you are seeing has some fundamental consequences and it's coming from institutional investors and with time, it will bounce back. Bitcoin do have correction, there is nothing like bad days and beside, this happen at any market, this is not Bitcoin but market doing it's thing.
People are going to hate me for saying this but 60k Bitcoin is still over priced in a bear market, I am not the one that say so, we are all.clowns anyways, but I can't fade what the charts are saying.
Stay stubborn like always, the history will repeat anyways.
$60k maybe over price, Bitcoin price this and that but I will tell you that even if Bitcoin price should fall below $30k, you will think it's over price. The price you see people are dumping because some institutional are playing with how the global market is moving will come back. Wars don't last forger, US and Iran will settle their differences, Lebanon and Israel will come to terms and Bitcoin will be back stronger.