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Wow!!! This is nice analysis with a nice pictorial chart that tells the model of prices on the bitcoin market from 2010 to 2022. But the subject is contradicting the whole content.
Only newbies in crypto would be afraid to the current price of BTC. For us that have been here for some years in crypto space, we're already used to this market situation and we know that this is the best opportunity to buy bitcoin and prepare for the next market cycle. As for me, I'm waiting if btc will stabilize at this price until October or before the year ends as I think we will dump more hitting $13-15k range.
Really, it is newbies that will be afraid of the bear market right now. And also for those who think that this is the best time in the bitcoin Market should be careful because they should not buy what they can lose and cry later. It is not even those who were in the bitcoin space but for those who have the confidence and faith in the market. If you do not have thick skin in the market, you will just collapse. And one thing the buys should know is that there is risk in every business but how you take manage the business in bear market is the real matter.