The recent market situation is truly insane. Opening the candlestick chart makes my heart race. When Bitcoin drops, the group chats are filled with "It's over, it's zeroed out" messages, and some are pounding their keyboards in frustration, shouting "This time it must break 40K." I just wonder, why haven't these friends learned their lesson? Isn't the crying and cutting during the 2020 312 crash enough?



Let me put it this way: $50,000 is the real bottom of this correction. It's not a risk; it's an easy win.

Having been in the crypto world for many years, I’ve summarized one key rule — Bitcoin’s bottom is never caused by a fall, but is forced out by market sentiment. Just look at history. At the end of 2018, BTC dropped below 6000. Back then, the entire network was piled with short positions, headlines were full of "Cryptocurrency is dead," and no one dared to buy the dip. In the 2020 312 crash, it plummeted to 3800, exchanges collapsed, leverage was wiped out, forced liquidations turned into disasters, and the scene was chaotic to the extreme.

What’s the situation now? Although the decline isn’t small, there aren’t many shouting "It’s over." Instead, a group of people are quietly building positions. What does this indicate? Market sentiment hasn’t yet reached its true limit.

From a technical perspective, the $50,000 level isn’t just a random guess. Look at the weekly chart — this level exactly sits on the support line of the long-term upward trend since 2021, and it’s also a high-liquidity zone that was tested multiple times in the second half of last year. Simply put, this is the capital cost line for institutions and major players, a "safety cushion" left for us by history.
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BTCRetirementFundvip
· 16h ago
312 Nabo people are still bottom-fishing now, what does that say about forgetting everything
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LiquidatedDreamsvip
· 16h ago
It's the same theory again. The 312 people have already cleared the scene long ago. It's a bit late to be talking about historical patterns now.
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OldLeekMastervip
· 16h ago
I sold my position at 312. Now, with 50,000, you dare to talk about the bottom? Don't blame me if it breaks below 40,000 later.
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SchroedingersFrontrunvip
· 17h ago
Is this the same theory again? Is 50,000 really the bottom? Why do I feel like you're just bragging? --- That wave of 312 was indeed fierce, but the situation is completely different now. --- Your technical analysis sounds like storytelling to me. Is the support line based on historical data reliable? --- I don't know if there are many people building positions, but I’ll just cut my losses and move on. --- Every time you say it's an easy win, but in the end, I keep selling at a loss and start doubting life. --- You must have come up with the 50,000 level on a whim. Don’t try to fool me. --- Wait, you said the emotional limit hasn't been reached yet. When the bottom really comes, it’ll be terrifying. --- I believed you. I bought in at 50,000 last time, but I still haven't recovered my principal.
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