Bitcoin is a large canvas where thousands of human eyes project hopes, fears, and illusions.
1. FOMO at the Peak – “Bus Full at the Last Terminal”
2017: When BTC skyrocketed to ~$19.8k, many new investors entered—without thorough analysis.
2021: The surge to ~$69k triggered a new wave of retail buyers.
2024–2025: When first breaking $100k+, many are just 'getting on' even though the bus has been moving for a long time.
2. Panic during a 10% Retrace – “Light Rain, Passengers Run”
2021: From $69k down to $60k, many panicked and cut losses.
Today, a correction from $115k to $105k (≈9%) triggers drama—when it is merely light rain for the bull market.
3. The Assumption of “Forever Up” – “The Sky Becomes the Floor”
Many believe that above $100k, BTC will only go up. However, historical data shows cycles: 2017, 2021, 2024, each experienced severe corrections.
4. Euphoria of Penny Coins – “Ants Roaring Like Lions”
2017: ICOs exploded.
2021: Meme coins color the sky.
2024: “AI” and GameFi tokens rise not because of fundamentals, but due to the bull atmosphere.
5. Overtrusting Influencers – “Spokespersons Become Prophets”
When a KOL says “bullish,” thousands of accounts immediately click buy. Many forget to look at the analysis, only believing the narrative.
6. Forgetting to Take Profit – “Farmers Too Fond of Their Crops”
When BTC rises 200–300%, many still hold on, hoping for 'continuous rise.' Yet the fruit is ripe—harvest before it spoils.
7. Panic at the End – “Dropping When Heaven is Near”
Many buyers at the peak do not last long, exiting when the bear strikes, even though they could profit if they were patient.
📊 Charts & Historical Data (2017, 2021, 2024–2025)
Historical statistics show the average BTC close from 2017–2024: $94.1k. (source: statmuse).
July 2025: BTC consistently in the range of $108k–$115k.
🎯 Realistic Correction to $110k–$115k
Currently, BTC is in the range of $111k–$115k, confirming a new ATH at $118k.
Technical analysis & on-chain highlight key levels: support at $107k, resistance at $110k–$115k. (source: investing.com)
With historical patterns, a reasonable target is $110k–$115k as the current peak of the bull—this is not a price of 'forever up.'
🧭 Metaphor and Reflection.
“Traders are like passengers on a night bus: many board when the terminal lights are dim, few get off when the destination isn't clearly displayed. This is where intuition and awareness are tested.”
Bullrun is not just about charts—it's a mirror of collective psychology. Be flexible like a ship: able to withstand small waves without giving up, yet ready to dock when a storm comes.
How about you, friends? Just comment below 👇
#BitcoinPsychology #BullRun2025 #TradingSignals
