One of the most common behavior of people is that on the time that when they are seeing price rally on which on the time that it did break up Bitcoins ATH then they would really be having that kind of boost of feeling or emotion that it would really be able to break 80k easily without even trying out to reconsider that there would really be corrections after a pump. It wont really be that a smooth sail ride just like on what
thsoe people been anticipating. Come to think that we arent still on a bull run yet. Yes, its good to see that we are watching BItcoins price to hit up or break those ATH but we arent really that too farm off.
We could really be able to see up into technicals that its already overbought on which anytime it could make out that kind of correction on which it did really happen.
Dont tend to raise up your hopes that breaking 80k would be simple but of course this one is inevitable since we arent still on bull run yet.
That's how I felt when the price of Bitcoin was running very fast and it was as if the next day we're going to see a very different amount that's even more than $80k. I think the over excitement happened because of the joy of seeing it hit a new ATH and we were expecting more, everybody likes to be on the profit side of business.
We knew there would be corrections but the market flow was on the positive side and it made many to forget it won't last for long. This time around the price has gotten to the stage where some of those holders would feel they had lost but I believe another movement is getting ready to hit $80k or even more.
Profit is good but we shouldn't disregard the possibility of losing, so that we can slow down. Having this attitude is what makes us to be more successful. Market is unpredictable, that is why some times the rise continues for quite a long time but we should not be confident about it.
We must remember that there is what we called corrections and other similar events which makes the price goes down. Hodler means they are already holding for a long time and the price rise greatly last time. If there are corrections that we experience that is only small and as you predicted, there is still more rises and recoveries to come, so they shouldn't feel bad.