During the BTC pump from 70-100k pre Trump election the sentiment here was, to put it lightly, exuberant. To an almost militant level. Like there would be dozens of posts questioning whether halving cycles were even a thing and these would get downvoted to oblivion. Then there would be posts using shamefully ignorant “math” to prove why BTC would double to $160k before 2026 and anyone speaking otherwise was a moronic FUD-shiller. “Its impossible for BTC to go down when supply is fixed!!” people would say.

Then Trump was elected and he dropped the two meme coins and the mood completely shifted. The idea that crypto was the insulated, decentralized, anti-institutional safe haven was crushed. (So 2022 all over again). The tone totally shifted and even when BTC hit an all time high you saw none of the posts we were seeing a year ago. This was then sort of solidified with the current crash.

I guess this is just the same as stock market cycles. Militant bullishness, followed by militant pessimism. And these sentiments are always a bit too “late” to predict the crashes whereby institutional money leaves us holding the bag. I hope after all this, this sub can evolve into a more even eyed type of discourse.

I would like to remind people that BTC crashed from $60k in 2023 to $20k in 2024 before then going on to hit all time highs. When it hit $19k EVERYONE thought it was over. Literally everybody.

And now we are at $70k and it is “over”.

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