Though at first when I saw this price chart on a one month timeframe I was like what's the need looking at the price chart when am only thinking long term?
But after reading all you wrote down I realized that you where using it to express an opinion which is not bad in anyway, but honestly speaking, am not a fan of looking at the price chart, because it might compel you to take decisions that you shouldn't have because your emotions may be bruised by just paying too much attention to the price chart of Bitcoin, it's mostly traders or those selling off their Bitcoin for minimal gains that usually pays much attention to the price chart because they think they can outsmart the market which is very much unlikely.
With the current dip in the market, am not that too bothered because I am very positive that Bitcoin will always behaves like Bitcoin and rally back no matter how dip it went, so I would prefer using this opportunity to buy more Bitcoin at a cheaper rate if I have the spare cash to do so, than panicking .
But after reading all you wrote down I realized that you where using it to express an opinion which is not bad in anyway, but honestly speaking, am not a fan of looking at the price chart, because it might compel you to take decisions that you shouldn't have because your emotions may be bruised by just paying too much attention to the price chart of Bitcoin, it's mostly traders or those selling off their Bitcoin for minimal gains that usually pays much attention to the price chart because they think they can outsmart the market which is very much unlikely.
With the current dip in the market, am not that too bothered because I am very positive that Bitcoin will always behaves like Bitcoin and rally back no matter how dip it went, so I would prefer using this opportunity to buy more Bitcoin at a cheaper rate if I have the spare cash to do so, than panicking .
You don't have to look at chat to hold Bitcoin, but chat is there for a reason. You don't need to be a trader to see some macro and micro information on the Bitcoin chart. What I expressed was an indicator of bull run and bear market, there are plenty of them on the chat but they are not necessary, you can always use it to explain Bitcoin journey for people who want to hold because most of them are trapped by looking at the lower time frame and don't look at what Bitcoin has done in the past year.
A beginner that is not experienced will probably be there looking at yearly growth of Bitcoin and be thinking that Bitcoin price has been down since they bought.
Take for instance, this is the performance of Bitcoin this year since January 2025, a newbie that is new to holding Bitcoin will not have a rest of mind with that but there is more good side they are missing because they are just coming and haven't really experienced or saw what Bitcoin has done in the past years.
Meanwhile, this is the historical data of Bitcoin since listing on exchanges, who wins here? The long term holder and not the short term holders that run after every small time pump and run away during the market melt down. People need to see the bigger picture of Bitcoin than the short term investment they are running after. People need to start doing DCA with the little they have and keep it, repeat the same process over and over, with time they will build a wall of mountain of Bitcoin without realizing how far they have gone with stashing of Bitcoin.