Great topic! The alternating psychological states of FUD and FOMO drove the volatility of the crypto markets prior to 2025. Now that mass adoption has arrived, there's a huge psychological strategy being played by institutional investors (Blackrock and other big entities) to exploit the FUD portion of that equation.
We've discussed how exhausting this past run was, it's made me question a lot. I'm even seeing some long-time crypto influencers on social media beginning to lose hope—especially after the Epstein file release. The feeds are ripe with "Epstein was Satoshi" and/or "Epstein paid early bitcoin developers" stories on social media. The thing is now with ultra short attention spans, shorter news cycles, and lack of critical thinking skills something like this doesn't have to be true for it to resonate and cause serious damage. It merely has to spark fear then go viral.
I'm not afraid that Bitcoin will die because of this but I am afraid that a whole lot of personal investors will freak out, cash in, and lose their financial freedom forever. The stakes have never been higher. I'm a big fan of watching what is done vs what is said and all the big players are buying immense amounts of Bitcoin every time it dips. That tells me all I need to know.
I keep thinking I need to pick some more up, then it falls even more and I am glad that I waited. I know that won't be the case forever. I think if it drops below $70K I will probably scrape some money together and buy some more. Tying him to BTC at all just seems so orchestrated and convenient. I'm not buying it.