#TrumpVsMusk #BTC110KToday? $BTC This image illustrates a Bitcoin (BTC) market cycle psychology chart for 2024, suggesting that BTC has reached a cycle top at $120K, and the market is now in the “We’re Here” phase — typically associated with euphoria or peak optimism.
Key Phases Highlighted:
Hope → Belief → Euphoria ($120K top)
The next projected stages are:
Denial (misspelled as “Danial” in the image)
Panic
Anger
Depression
Final Disbelief before possible recovery
Interpretation:
The chart implies we are at the peak of the cycle, and a steep decline is expected next.
This matches classic Wall Street psychology cycle patterns, where emotions drive price action.
Key Takeaways:
If this projection is accurate, the worst part of the crash is still ahead.
A recovery and new disbelief phase could follow after a prolonged bear phase.
Investors should prepare for volatility and avoid getting trapped in emotional decisions.