Today marks another 'crash' of Bitcoin. Yes, it has dropped again. Just think: Bitcoin has broken the psychologically important mark of $118,000! And here the crowd of commentators, as if on cue, started rolling their eyes: 'Oh no! Bear market! Where's my cold wallet?'
But wait. Up by 0.23% in 24 hours? This is a disaster... for those who keep their money in the bank at 2.5% annual interest and consider themselves economic geniuses.
'The drop' that was awaited
Throughout the week, Bitcoin has been swinging back and forth like a teenager at prom: sometimes under $116K, sometimes over $118K, then back down again. Some 'analysts' have already started whispering ominously: 'Here it is! The beginning of the end!'
And now hold on tight. According to Binance, BTC is trading at $118,585.00. What does this mean? Almost nothing, except that traders whose hands don’t grow from their pockets are calmly taking liquidity and making money off the panic. No magic. Just markets.
And who is to blame?
Of course, you can blame the Fed, Trump, aliens, or, as it’s fashionable - 'institutional whales'. They say they sold, dumped, and fed the market a dump.
But to be honest - the market is just doing what it does. It breathes. It moves. It doesn’t sleep, unlike your broker. And you know what? That’s okay.
Where is the panic if everything is going according to plan?
BTC was recently at $123,000. Now it’s at $118,000. Someone shouts 'SLASHING', but let's be honest:
A correction of ~5%? In crypto, this is called 'Monday'.
Volumes have dropped? Well, the market is on vacation, end of July.
The ether feels fine, ETFs are on the way.
This is not Nasdaq, where every sneeze of Janet Yellen causes hysteria. This is crypto. Here, the rules are different: 'Bought at the bottom - sleep soundly.'
The heroes of this madness
Amid all this fear, those who are calmly buying at $118,000. These are not just 'hodlers'. These are people who know: waves are not a reason to sink. They are a reason to surf.
And while others scream on Twitter: 'BITCOIN IS DEAD AGAIN!', these guys are just hitting the 'buy' button and going to grill kebabs. Because they understand where the game is, and where the hysteria is.
In the dry residue
Bitcoin is alive, the market is breathing, volatility is the spice of life. Those who scream 'everything is lost' have probably already sold everything at $100,000 and now envy those who didn't flinch.
