Where Are We in the Bitcoin Cycle? Let’s Hear Your Guess!
Hey Bitcoin fam! 👋 With BTC sitting around $80K–$94K after that wild $108K peak in December 2024, I’ve been diving into the psychology of market cycles to figure out where we might be. Check out this classic "Wall Street Cheat Sheet: Psychology of a Market Cycle" chart—it maps out the emotional rollercoaster of a market cycle, from Disbelief to Euphoria and back again.
📊The chart shows a price curve with phases like Disbelief, Hope, Optimism, Belief, Thrill, Euphoria, Complacency, Anxiety, Denial, Panic, Capitulation, Anger, and Depression, with corresponding sentiments like "This rally is real" (Optimism) or "I am a genius!" (Euphoria).]
We’re 11 months post-halving, and sentiment has been all over the place lately—greed at the peak, now more neutral after the dip. Some say we’re in Optimism (a specialist I heard thinks so!), while others might argue we’re closer to Complacency or even Anxiety. I’m curious: where do YOU think we are in this cycle? 🤔
Please help the community decide! Drop your guess in the comments below! Are we in the early stages of a new rally (Hope/Optimism), nearing the top (Thrill/Euphoria), or heading for a cooldown (Anxiety/Denial)? Bonus points if you share why! Let’s get this discussion going—love hearing your thoughts! 🙏
#Bitcoin #Crypto #MarketCycle #Investing #BTC
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