Normies always overshoot the downside. Even after all that fraud/state attacks, they still all assumed bitcoin had another 50% to drop. They just missed out on 70% ytd gains by think oh they were so smart lol
Discussion
The best part is they also probably are negative since they were also shorting it. My gym bro friend was trying to get me to be bearish at the bottom and I wouldn’t, so I was like “bro u can do that u want lol short it then” and he was like “naw not that I just am going to wait” good call bro lol. I explained my logic too but most ppl are just not able to buy bottoms it’s too emotional for them
I basically implied he was like a Uber driver. I was like “when every Uber driver is confident that we are going to $10k or lower, that’s a bottom signal” lol