Hi everyone.
We can all agree that the starting of this year 2023 has been extremely good for Bitcoin and a few other Cryptocurrencies unlike last year 2022 that Bitcoin had an epileptic run and was literally struggling, making lots of people think twice about still choosing Bitcoin as their choice of investment.
Yes, I must confess that the first quarters of this year really astonished me on what Bitcoin was able to do. I actually wasn't expecting the type of price level it maintained. I expected price to pick in the last quarters as that's what should be expected close to a halving year. Bitcoin started its great form in 2023 earlier than expected. As for the bearishness you witnessed in 2022, it was expected. Price always slump a year after every ATH. 2021 was the ATH which peaked at $68k+. It's the same bearish scenario I expect will play out in 2026.
I remember being in a Facebook group where people were debating if Bitcoin would ever recover or if that was in fact the end of the world biggest Cryptocurrency Bitcoin. Inasmuch as I've witnessed similar events in the past years where Bitcoin walked down this same path I still couldn't help but have the thought "WHAT IF"
What if this is actually the end of Bitcoin?
What if I'm making the wrong choice still investing in Bitcoin?
What if this, what if that...
And honestly the Negative Vibes and tension in the air weren't really helping at all, but it appears as we all see now that Bitcoin has indeed recovered and taking a good turn now.
Avoid Facebook for your peace of mind if you're into Bitcoin or cryptos. The comments there are larger than life, whether on FOMO or on FUD.