JUST IN: Bitcoin falls under $81,000

Nearly $1,000,000,000 liquidated from the crypto market in the past 24 hours.

@WatcherGuru

Bitcoin Drops Below $80,000 For The First Time Since April 2025: Market

🔗 velo.xyz

It looks like a bear trap.

some old polls to look back at:

eth top
https://xn--r1a.website/cryptomumbles/15474

market top
https://xn--r1a.website/cryptomumbles/14687

CryptoQuant CEO Ki Young Ju said Bitcoin is declining as selling pressure persists and fresh capital inflows have dried up. He added that without major selling from MicroStrategy’s Michael Saylor, a deep 70% crash like past cycles is unlikely, but warned the market has not yet found a clear bottom and may enter a prolonged sideways consolidation. — link

BINANCE SAFU FUND HAS BOUGHT 1315 BTC ($100.7M)

SOURCE

i remember reading an old article on ct describing how the market has been rewarding wrong takes and a lot of us have carried that same mentality thinking that we were right since we were rewarded

but in fact a lot of folks will eventually be punished

nearest examples being

xxx is consensus now, this must be top
xxx has the lowest sentiment, this must be bottom

in the past, we were actually rewarded by taking trades like these, so most people actually do carry forward these kinds of reasoning

but i think we will eventually run out of chances to be wrong and make money

can't blame ourselves because we got pavlov-ed from how the market worked previously and we simply try to repeat what worked to make money again and again

just can't be too comfortable w the conditioning and assume status quo moving forward

then again, who is to say what reasonings are right or wrong

since its always price <> narrative

you are always wrong until the price goes up and suddenly you are right

TRUMP LAUNCHES $12 BILLION MINERALS STOCKPILE TO COUNTER CHINA
(@WalterBloomberg)