This topic was started on July 20 which means that the price was nearly under 30k and that is why there was a scare that the price would fall down, I understand it because the price went under 30k for the first time in a while, it peaked over 60k before it did something like that and I believe that there was a good case to be made for the price to go down.
However we all know what happened after that, hindsight is 20/20 and I understand why we can think that it will not go under 30k ever again, not just these days, we may never see under 30k ever again in history, however back in those days we have seen under 30k and the scare to see under 20k was very real, I felt that too, I wasn't scared about it because I like it when it goes down, it allows me to buy more but that doesn't mean that we knew it would go up neither. Thankfully it is doing a lot better now.
What you say is very true, indeed if you look at this topic created on July 20, the price of bitcoin was below 30k, but the current conditions are much different from before, bitcoin is easier to analyze than other altcoins in my view, because almost everyone, even investors Most want bitcoin to invest.
For us it doesn't matter if bitcoin goes up or down, instead we expect bitcoin to go down so we can buy it, because everyone believes that investing in bitcoin is not an ordinary investment and this is what almost everyone pursues and takes risks, if the opportunity exists and is available.