Thought process:

Normies think #Bitcoin is going to 0 when it was at $15k. Don’t want to invest

Normies think it is too expensive at $70k. Don’t want to invest

Normies see BTC market cap replace gold. Billionaires tell them it’s safe, then they want to invest.

Bitcoin stabilizing is a self fulfilling prophesy. Human psychology needs programming and an anchor for comparison.