Friends, the relentless declines we've experienced for about two months have truly worn us all out. Especially for those chasing short-term trades and those holding long-term altcoins, this period has been a true test of patience.
Even though the leverage was low for the short term, we have gone through a process where we couldn't make money ( and we continue to go through it ). We don't even feel like looking at long-term portfolios. Those who couldn't add as the prices fell have their costs very high; the 20-30x returns they expected when they first bought are now only enough to break even.
Unfortunately, this market is such a place... You can see incredible rises at any moment you least expect, and the levels you thought "how much lower can it go!" can suddenly become the peak. #Crypto is exactly such a place.
The reason for our mental fatigue is not just this two-month decline... We have been waiting for almost 4 years. But this waiting does not work by buying land, buying a house, or buying gold, silver, and foreign currency and forgetting about it. The market keeps the expectation alive: "It has risen, it will rise" and seeing new declines every day while trying to remain calm is not easy.
Sometimes a person gets angry with themselves, questioning "why did I enter this market?" My making posts shouldn't leave you with a wrong impression; I share the same feelings with you, perhaps even more intensely. The only reason it seems like I am giving hope is that I truly believe. If I say a target of 210K for BTC, it is because I truly believe in it. #If I expect a bull run in Altcoins, it's really because I am expecting it. I don't write anything that doesn't go through my mind.
Anyway, I have dragged it on too long again 😀 When it comes to the graph... We see that $BTC is still above the main support zone in the long-term weekly view. From this perspective, it is possible to say that there is not yet a serious problem for the long term.
You will now say, "How much longer will this long term take? We have been waiting for 4 years..." And you are right. To be honest, I was also thinking that we would experience the bull by the end of 2025. But the market is no longer the same; ETFs, institutions, macro factors, liquidity flows… Everything is much more complicated.
I also want the rises to start as soon as possible. But if the time has not come, the only thing we can do is wait patiently.
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#Bitcoin
Long-term current outlook.
Friends, the relentless declines we've experienced for about two months have truly worn us all out. Especially for those chasing short-term trades and those holding long-term altcoins, this period has been a true test of patience.
Even though the leverage was low for the short term, we have gone through a process where we couldn't make money ( and we continue to go through it ).
We don't even feel like looking at long-term portfolios. Those who couldn't add as the prices fell have their costs very high; the 20-30x returns they expected when they first bought are now only enough to break even.
Unfortunately, this market is such a place...
You can see incredible rises at any moment you least expect, and the levels you thought "how much lower can it go!" can suddenly become the peak. #Crypto is exactly such a place.
The reason for our mental fatigue is not just this two-month decline...
We have been waiting for almost 4 years. But this waiting does not work by buying land, buying a house, or buying gold, silver, and foreign currency and forgetting about it. The market keeps the expectation alive: "It has risen, it will rise" and seeing new declines every day while trying to remain calm is not easy.
Sometimes a person gets angry with themselves, questioning "why did I enter this market?"
My making posts shouldn't leave you with a wrong impression; I share the same feelings with you, perhaps even more intensely.
The only reason it seems like I am giving hope is that I truly believe.
If I say a target of 210K for BTC, it is because I truly believe in it.
#If I expect a bull run in Altcoins, it's really because I am expecting it. I don't write anything that doesn't go through my mind.
Anyway, I have dragged it on too long again 😀
When it comes to the graph...
We see that $BTC is still above the main support zone in the long-term weekly view. From this perspective, it is possible to say that there is not yet a serious problem for the long term.
You will now say, "How much longer will this long term take? We have been waiting for 4 years..."
And you are right.
To be honest, I was also thinking that we would experience the bull by the end of 2025. But the market is no longer the same; ETFs, institutions, macro factors, liquidity flows… Everything is much more complicated.
I also want the rises to start as soon as possible.
But if the time has not come, the only thing we can do is wait patiently.