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So much FUD on here these last weeks.

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I’ve followed this sub daily for years, and over the last month I’ve noticed a lot more negative, or faintly negative, posts than usual.

What stands out to me is a possible correlation between the sentiment during the 80-90k pullback and the sentiment now.

During the pullback, it felt like the dominant narrative was that cycles always repeat, bitcoin winter was starting, and BTC would “inevitably” crash to 40 to 50k. A lot of people seemed confident selling to buy back lower, and anyone suggesting BTC might hold up better than that got heavily pushed back on.

Now BTC is holding steady around 85 to 90k, and this may very well be the local bottom, and the sub still feels unusually negative relative to what price is doing. My take is that some of today’s negativity might be connected to that earlier consensus. People who sold expecting 40 to 50k may be frustrated it hasn’t happened, and that frustration is showing up as bearish posting, doom takes, and generally sour sentiment.

I’m genuinely curious if others see the same correlation, or if you think the negativity is coming from something else.

submitted by /u/Rent_South
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