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I feel like I’m being gaslit
I feel like I'm being gaslit by all of this bullish news I keep seeing on X and Youtube etc. I'm very new to BTC and investing, so I'm willing to let my guard down here so the community can school me and/or make fun of me for being the clueless pleb that I am. I'm also not spooked by the volatility since my time horizon is pretty long as I don't plan on selling for multiple years if ever, and I do have conviction in BTC... Having said that, I feel like there's a huge disconnect between the current price and all of the objectively positive news we get literally everyday at this point. I'm starting to feel like all of these long term price predictions are never gonna happen. I'm keeping a pretty level head about the situation, and maybe l'll feel better once I get to a point where I'm durably (within reason, I realize price crashes are par for the course) in the green at least. I know this is probably a really stupid question, but if all of these big players are buying via OTC or in ways that intentionally minimize the impact on the price.. then how will it ever go up to these levels that l keep hearing about? Are they just all trying to buy the dip with the expectation that retall will pump their bags at some point? So called “supply shock” (is this actually possible?) I mean there's a finite supply of big players out there, and none of them want to pay top dollar for BTC, so how does the price actually hit these 250k by the end of 2025, or 1 mill in 10 years predictions etc? How does price action actually work? submitted by /u/Friendly_Rope1351 [link] [comments]
I feel like I'm being gaslit by all of this bullish news I keep seeing on X and Youtube etc. I'm very new to BTC and investing, so I'm willing to let my guard down here so the community can school me and/or make fun of me for being the clueless pleb that I am.
I'm also not spooked by the volatility since my time horizon is pretty long as I don't plan on selling for multiple years if ever, and I do have conviction in BTC... Having said that, I feel like there's a huge disconnect between the current price and all of the objectively positive news we get literally everyday at this point.
I'm starting to feel like all of these long term price predictions are never gonna happen. I'm keeping a pretty level head about the situation, and maybe l'll feel better once I get to a point where I'm durably (within reason, I realize price crashes are par for the course) in the green at least.
I know this is probably a really stupid question, but if all of these big players are buying via OTC or in ways that intentionally minimize the impact on the price.. then how will it ever go up to these levels that l keep hearing about? Are they just all trying to buy the dip with the expectation that retall will pump their bags at some point? So called “supply shock” (is this actually possible?)
I mean there's a finite supply of big players out there, and none of them want to pay top dollar for BTC, so how does the price actually hit these 250k by the end of 2025, or 1 mill in 10 years predictions etc?
How does price action actually work?
[link] [comments]
