Most of the serious crypto investors know that a crypto currency can totally crash. But bitcoin veterans have seen so much so they aren’t as scared as a, let’s say, new investor in stocks. And due to the scale of bitcoin users and veterans, it will soon have reached the cap for when these veterans will have to panic before it drops even more.
When it started going down from ~40k, it wasn’t such a big deal. People started to ‘buy the dip’, and then it went up. Suddenly the inflation got serious and another dip came, which wasn’t that much bigger than the last one. But due to this inflation, not even close to as many as before bought this, which led to the price kept dropping.
When the new comers and those who didn’t know much about crypto saw this, they started to sell their bitcoins together with those affected by the inflation and therefor needed the money.
So, could we soon see the cap for the ones who sold low and the ones left are holders and people that keeping buying this crash? If this is the case, holders would’ve saved bitcoin, the price will slowly start increase and people will go back to bitcoin due to the price increase.
This would also mean that bitcoin would become one of the strongest currencies during the inflation.
Now, I’m not saying that this is the case, I’m only wondering if this would be possible? Just a theory I came up with during my morning coffee