Three things stuck in my mind this week:
1. It might take a few more months before BTC's price finally exits the bear market. That is if we have a similar situation to the 2018 bear market where fear and greed levels plateaued for a whole year.
2. BTC's price free-fall will slow down between $24K and $27K unless more macroeconomic and geopolitical risks emerge.
3. Short-term holders are responsible for most of the capitulation (day trading and scalping don't fall in this category, right?).
Getting out of this zone mattered a lot, I know that many people think that it is no different than 30k, I mean the difference between 23k to 25k could look like nothing to some. However, if you know how to read charts, then you would know how you could end up with something wildly different if it bounces from 25k or goes to 23k, and that is a scary thought.
This is why us being above 30k with bitcoin right now means something awesome, it is not even remotely close to being scary anymore, we basically recovered already. If you know that, then you are going to feel a lot better about the future and what you are doing and it won't be a problem.